| FAS latest price $59.9900 (-1.17%) ($59.0990 - $61.3000) on Mon. Nov. 6, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.67% (three month average) |
RSI | 45 |
Latest Price | $59.9900(-1.17%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FAS advances 3% a day on average for past five trading days. |
Weekly Trend | FAS advances 2% a week on average for past two weeks. |
Market Behavior | Growth stock rally 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%) IVE(98%) DIA(96%) IWD(94%) SMH(91%) |
Factors Impacting FAS price | FAS will decline at least -1.335% in a week (0% probabilities). VXX(-53%) VIXM(-35%) UUP(-31%) TBT(-17%) GLD(-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 | -1.335% (StdDev 2.67%) |
Hourly BBV | 0.1 () |
Intraday Trend | -1.7% |
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