| FAS latest price $66.6100 (0.44%) ($66.1200 - $67.6400) on Wed. Aug. 30, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.29% (three month average) |
RSI | 39 |
Latest Price | $66.6100(0.44%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FAS advances 1% a day on average for past five trading days. |
Weekly Trend | FAS declines -1.8% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support FAS advance at 0% a week (0% probability) XLF(99%) IWD(93%) DIA(90%) IVE(90%) VYM(89%) |
Factors Impacting FAS price | FAS will decline at least -1.145% in a week (0% probabilities). VXX(-62%) VIXM(-58%) TBT(-30%) UUP(-28%) USO(-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 | -1.145% (StdDev 2.29%) |
Hourly BBV | 1.1 () |
Intraday Trend | 0.2% |
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