| FAS latest price $77.6000 (1%) ($76.5100 - $77.9800) on Mon. Sep. 9, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.86% (three month average) |
RSI | 59 |
Latest Price | $77.6000(1%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FAS advances 1.4% a day on average for past five trading days. |
Weekly Trend | FAS advances 3.5% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Value stock 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(90%) |
Factors Impacting FAS price | FAS will decline at least -1.43% in a week (0% probabilities). VIXM(-60%) VXX(-26%) TLT(-25%) UUP(-12%) IGOV(-6%) |
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 | -1.43% (StdDev 2.86%) |
Hourly BBV | 0 () |
Intraday Trend | -0.2% |
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