| FAS latest price $67.6100 (-0.12%) ($67.3600 - $68.2000) on Tue. Nov. 21, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.65% (three month average) |
RSI | 88 |
Latest Price | $67.6100(-0.12%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FAS advances 1% a day on average for past five trading days. |
Weekly Trend | FAS advances 6.9% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off 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(98%) SPY(97%) IVE(95%) IWD(95%) DIA(90%) |
Factors Impacting FAS price | FAS will decline at least -1.325% in a week (0% probabilities). VXX(-43%) VIXM(-34%) UUP(-33%) TBT(-5%) BNDX(4%) |
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 | -1.325% (StdDev 2.65%) |
Hourly BBV | 0.8 () |
Intraday Trend | 0.3% |
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