| FAS latest price $62.7300 (0.38%) ($61.7800 - $64.3300) on Fri. Jul. 7, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.82% (three month average) |
RSI | 46 |
Latest Price | $62.7300(0.38%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FAS advances 0.2% a day on average for past five trading days. |
Weekly Trend | FAS advances 1.9% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support FAS advance at 0% a week (0% probability) XLF(99%) IWD(91%) DIA(89%) VYM(89%) IVE(88%) |
Factors Impacting FAS price | FAS will decline at least -1.41% in a week (0% probabilities). VXX(-61%) VIXM(-54%) UUP(-26%) TBT(-26%) EDOC(-13%) |
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 | -1.41% (StdDev 2.82%) |
Hourly BBV | 0.3 () |
Intraday Trend | 1.5% |
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