| FAS latest price $58.1700 (-0.56%) ($57.6800 - $60.3100) on Wed. Apr. 12, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.06% (three month average) |
RSI | 69 |
Latest Price | $58.1700(-0.56%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FAS advances 0.7% a day on average for past five trading days. |
Weekly Trend | FAS advances 3.8% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support FAS advance at 0% a week (0% probability) XLF(99%) IWD(91%) IVE(88%) VYM(88%) DIA(87%) |
Factors Impacting FAS price | FAS will decline at least -2.03% in a week (0% probabilities). VXX(-64%) VIXM(-55%) UUP(-19%) SHY(-14%) TBT(-10%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -2.03% (StdDev 4.06%) |
Hourly BBV | 0.1 () |
Intraday Trend | -1.9% |
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