| FAS latest price $68.2000 (-0.25%) ($67.6600 - $68.8900) on Tue. Nov. 28, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.63% (three month average) |
RSI | 85 |
Latest Price | $68.2000(-0.25%) |
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 6.3% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Growth stock sell-off for small cap. |
Correlated ETFs | Broad market will support FAS advance at 0% a week (0% probability) XLF(98%) IVE(97%) IWD(95%) DIA(94%) VYM(88%) |
Factors Impacting FAS price | FAS will decline at least -1.315% in a week (0% probabilities). EDOC(-57%) VIXM(-53%) VXX(-51%) UUP(-27%) BNDX(-5%) |
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 | -1.315% (StdDev 2.63%) |
Hourly BBV | -0.2 () |
Intraday Trend | 0.1% |
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