| FAS latest price $71.8300 (2.61%) ($71.1200 - $72.5700) on Wed. Oct. 9, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.02% (three month average) |
RSI | 34 |
Latest Price | $71.8300(2.61%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FAS advances 0.5% a day on average for past five trading days. |
Weekly Trend | FAS declines -4% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Growth 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 -1.51% in a week (0% probabilities). VIXM(-60%) VXX(-26%) TLT(-25%) UUP(-12%) IGOV(-5%) |
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 | -1.51% (StdDev 3.02%) |
Hourly BBV | 0 () |
Intraday Trend | 0.6% |
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