| FAS latest price $60.7600 (-0.61%) ($60.1800 - $61.3270) on Mon. Nov. 13, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.62% (three month average) |
RSI | 69 |
Latest Price | $60.7600(-0.61%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FAS advances 0.3% a day on average for past five trading days. |
Weekly Trend | FAS advances 7.5% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support FAS advance at 0% a week (0% probability) XLF(99%) IVE(97%) DIA(96%) IWD(95%) IVW(94%) |
Factors Impacting FAS price | FAS will decline at least -1.31% in a week (0% probabilities). EDOC(-48%) VXX(-43%) UUP(-33%) VIXM(-21%) TBT(-12%) |
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 | -1.31% (StdDev 2.62%) |
Hourly BBV | 1 () |
Intraday Trend | 0.4% |
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