| FAS latest price $72.9300 (1.99%) ($70.9500 - $73.0000) on Thu. Jul. 20, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.85% (three month average) |
RSI | 79 |
Latest Price | $72.9300(1.99%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FAS advances 1.5% a day on average for past five trading days. |
Weekly Trend | FAS advances 5.2% 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%) DIA(90%) VYM(89%) IVE(88%) |
Factors Impacting FAS price | FAS will decline at least -1.425% in a week (0% probabilities). VXX(-63%) VIXM(-57%) UUP(-28%) TBT(-28%) USO(4%) |
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 | -1.425% (StdDev 2.85%) |
Hourly BBV | 1.4 () |
Intraday Trend | 2.8% |
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