| FAS latest price $76.4700 (-1.46%) ($74.7000 - $77.7800) on Tue. Sep. 10, 2019. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.86% (three month average) |
RSI | 63 |
Latest Price | $76.4700(-1.46%) |
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 4.6% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value 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(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. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.43% (StdDev 2.86%) |
Hourly BBV | 0 () |
Intraday Trend | -1.7% |
| |
|
|