| FAS latest price $65.9700 (0.72%) ($65.2200 - $66.2600) on Thu. Nov. 16, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.66% (three month average) |
RSI | 91 |
Latest Price | $65.9700(0.72%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FAS advances 2.2% a day on average for past five trading days. |
Weekly Trend | FAS advances 8.7% a week on average for past two weeks. |
Market Behavior | Normal 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(97%) DIA(96%) IWD(95%) IVW(94%) |
Factors Impacting FAS price | FAS will decline at least -1.33% in a week (0% probabilities). VXX(-47%) UUP(-33%) VIXM(-27%) TBT(-9%) GLD(4%) |
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 | -1.33% (StdDev 2.66%) |
Hourly BBV | 1 () |
Intraday Trend | 0.4% |
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