| FAS latest price $60.9100 (-0.28%) ($59.4500 - $61.1860) on Thu. Jun. 8, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.23% (three month average) |
RSI | 53 |
Latest Price | $60.9100(-0.28%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FAS advances 1.8% a day on average for past five trading days. |
Weekly Trend | FAS advances 2.5% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support FAS advance at 0% a week (0% probability) XLF(99%) IWD(91%) DIA(88%) IVE(87%) VYM(87%) |
Factors Impacting FAS price | FAS will decline at least -2.115% in a week (0% probabilities). VXX(-59%) VIXM(-53%) UUP(-24%) TBT(-22%) EDOC(-14%) |
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 | -2.115% (StdDev 4.23%) |
Hourly BBV | 1.8 () |
Intraday Trend | 0.3% |
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