| FAS latest price $67.4288 (-1.26%) ($66.7943 - $68.2119) on Tue. May. 15, 2018. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.17% (three month average) |
RSI | 66 |
Latest Price | $67.4288(-1.26%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FAS advances 0.7% a day on average for past five trading days. |
Weekly Trend | FAS advances 4.1% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Normal 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 -1.585% in a week (0% probabilities). TLT(-28%) UUP(-21%) VIXM(-19%) DIA(-8%) IGOV(-6%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.585% (StdDev 3.17%) |
Hourly BBV | 0 () |
Intraday Trend | -0.8% |
| |
|
|