| FAS latest price $73.7106 (3.46%) ($71.2962 - $73.7205) on Mon. Feb. 26, 2018. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.05% (three month average) |
RSI | 66 |
Latest Price | $73.7106(3.46%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FAS advances 0.9% a day on average for past five trading days. |
Weekly Trend | FAS advances 4.6% 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) IWD(95%) IVE(94%) XLF(91%) SDY(90%) IWN(89%) |
Factors Impacting FAS price | FAS will decline at least -1.525% in a week (0% probabilities). TLT(-28%) UUP(-21%) VIXM(-20%) IGOV(-7%) DIA(-5%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.525% (StdDev 3.05%) |
Hourly BBV | 0 () |
Intraday Trend | 2% |
| |
|
|