| FAS latest price $74.1900 (2.04%) ($72.2500 - $74.7900) on Wed. Jul. 26, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.77% (three month average) |
RSI | 82 |
Latest Price | $74.1900(2.04%) |
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 6.7% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support FAS advance at 0% a week (0% probability) XLF(99%) IWD(91%) DIA(90%) IVE(88%) VYM(88%) |
Factors Impacting FAS price | FAS will decline at least -1.385% in a week (0% probabilities). VXX(-64%) VIXM(-57%) UUP(-27%) TBT(-27%) USO(0%) |
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 | -1.385% (StdDev 2.77%) |
Hourly BBV | 0.2 () |
Intraday Trend | 2.3% |
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