| FAS latest price $71.1200 (-1.48%) ($70.8100 - $74.1000) on Wed. Dec. 6, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.63% (three month average) |
RSI | 77 |
Latest Price | $71.1200(-1.48%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FAS advances 0.4% 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 | Growth stock sell-off for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support FAS advance at 0% a week (0% probability) XLF(98%) DIA(95%) IWD(95%) VYM(88%) VFMO(87%) |
Factors Impacting FAS price | FAS will decline at least -1.315% in a week (0% probabilities). VIXM(-57%) UUP(-27%) BNDX(-5%) BND(10%) TBT(12%) |
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 | -1.6 () |
Intraday Trend | -2.9% |
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