| FAS latest price $67.3200 (2.28%) ($66.7000 - $67.9700) on Fri. Sep. 1, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.23% (three month average) |
RSI | 42 |
Latest Price | $67.3200(2.28%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FAS advances 1.2% a day on average for past five trading days. |
Weekly Trend | FAS advances 0.9% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support FAS advance at 0% a week (0% probability) XLF(99%) IWD(93%) DIA(90%) IVE(90%) VYM(89%) |
Factors Impacting FAS price | FAS will decline at least -1.115% in a week (0% probabilities). VXX(-63%) VIXM(-58%) TBT(-31%) UUP(-28%) USO(-3%) |
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 | -1.115% (StdDev 2.23%) |
Hourly BBV | 1.2 () |
Intraday Trend | 0.7% |
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