| FAS latest price $64.0700 (5.05%) ($61.9850 - $66.1300) on Tue. Oct. 18, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.72% (three month average) |
RSI | 57 |
Latest Price | $64.0700(5.05%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FAS advances 3.6% a day on average for past five trading days. |
Weekly Trend | FAS advances 0.6% 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(92%) IVE(89%) DIA(87%) SDY(86%) IWN(84%) |
Factors Impacting FAS price | FAS will decline at least -2.36% in a week (0% probabilities). SHY(-18%) VIXM(-13%) UUP(-13%) TBT(-8%) VXX(-2%) |
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 | -2.36% (StdDev 4.72%) |
Hourly BBV | 1 () |
Intraday Trend | -2% |
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