| FAS latest price $61.0300 (-4.74%) ($59.8700 - $64.0000) on Wed. Oct. 19, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.61% (three month average) |
RSI | 57 |
Latest Price | $61.0300(-4.74%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FAS advances 2.6% a day on average for past five trading days. |
Weekly Trend | FAS advances 1.1% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off 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 -2.305% 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 | -2.305% (StdDev 4.61%) |
Hourly BBV | -1.1 () |
Intraday Trend | -1.8% |
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