| FAS latest price $68.4100 (1.02%) ($66.9100 - $68.5900) on Mon. Sep. 18, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.1% (three month average) |
RSI | 64 |
Latest Price | $68.4100(1.02%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FAS advances 0.8% a day on average for past five trading days. |
Weekly Trend | FAS advances 1.5% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support FAS advance at 0% a week (0% probability) XLF(99%) IWD(93%) DIA(92%) IVE(91%) VYM(89%) |
Factors Impacting FAS price | FAS will decline at least -1.05% in a week (0% probabilities). VXX(-63%) VIXM(-60%) TBT(-30%) UUP(-26%) 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 | -1.05% (StdDev 2.1%) |
Hourly BBV | 0.2 () |
Intraday Trend | 1% |
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