| FAS latest price $63.9000 (-0.96%) ($63.1000 - $64.3700) on Thu. Apr. 20, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.96% (three month average) |
RSI | 79 |
Latest Price | $63.9000(-0.96%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FAS advances 1.4% a day on average for past five trading days. |
Weekly Trend | FAS advances 6.1% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Value stock 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 -1.98% in a week (0% probabilities). VXX(-64%) VIXM(-55%) UUP(-20%) SHY(-13%) TBT(-11%) |
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 | -1.98% (StdDev 3.96%) |
Hourly BBV | -0.6 () |
Intraday Trend | 1.3% |
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