| FAS latest price $60.1300 (2.93%) ($59.3700 - $61.1400) on Mon. Oct. 16, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.21% (three month average) |
RSI | 51 |
Latest Price | $60.1300(2.93%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FAS advances 0.8% a day on average for past five trading days. |
Weekly Trend | FAS advances 0.3% a week on average for past two weeks. |
Market Behavior | Broad based 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(94%) DIA(93%) IVE(92%) VYM(91%) |
Factors Impacting FAS price | FAS will decline at least -1.105% in a week (0% probabilities). VXX(-54%) VIXM(-49%) UUP(-26%) TBT(-22%) GLD(-13%) |
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 | -1.105% (StdDev 2.21%) |
Hourly BBV | 1.1 () |
Intraday Trend | 0.8% |
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