| FAS latest price $65.1846 (0.77%) ($63.6803 - $65.7027) on Thu. Nov. 8, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.72% (three month average) |
RSI | 55 |
Latest Price | $65.1846(0.77%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FAS advances 1.9% a day on average for past five trading days. |
Weekly Trend | FAS advances 4.8% 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) IWD(95%) IVE(94%) SDY(91%) XLF(91%) IWN(89%) |
Factors Impacting FAS price | FAS will decline at least -1.36% in a week (0% probabilities). TLT(-27%) UUP(-22%) VXX(-21%) VIXM(-17%) DIA(-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 | -1.36% (StdDev 2.72%) |
Hourly BBV | 0 () |
Intraday Trend | 1.9% |
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