| FAS latest price $78.6100 (2.56%) ($76.9600 - $78.6800) on Wed. Jul. 3, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.19% (three month average) |
RSI | 67 |
Latest Price | $78.6100(2.56%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FAS advances 2.4% a day on average for past five trading days. |
Weekly Trend | FAS advances 2.3% 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%) DIA(92%) SDY(91%) XLF(91%) |
Factors Impacting FAS price | FAS will decline at least -1.095% in a week (0% probabilities). VIXM(-61%) VXX(-27%) TLT(-26%) UUP(-11%) IFRA(-7%) |
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 | -1.095% (StdDev 2.19%) |
Hourly BBV | 0 () |
Intraday Trend | 1.8% |
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