| FAS latest price $67.0700 (1.91%) ($66.5900 - $68.5340) on Wed. Jul. 12, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.85% (three month average) |
RSI | 67 |
Latest Price | $67.0700(1.91%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FAS advances 0.9% a day on average for past five trading days. |
Weekly Trend | FAS advances 4.2% 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) XLF(99%) IWD(92%) DIA(89%) VYM(89%) IVE(88%) |
Factors Impacting FAS price | FAS will decline at least -1.425% in a week (0% probabilities). VXX(-63%) VIXM(-57%) UUP(-28%) TBT(-28%) USO(3%) |
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 | -1.425% (StdDev 2.85%) |
Hourly BBV | 0.9 () |
Intraday Trend | -0.7% |
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