| FAS latest price $81.9000 (2.8%) ($80.6700 - $82.8500) on Thu. Dec. 14, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.7% (three month average) |
RSI | 83 |
Latest Price | $81.9000(2.8%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FAS advances 2.7% a day on average for past five trading days. |
Weekly Trend | FAS advances 5.5% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support FAS advance at 0% a week (0% probability) XLF(98%) IWD(96%) VFMO(95%) EWY(94%) IWO(92%) |
Factors Impacting FAS price | FAS will decline at least -1.35% in a week (0% probabilities). VXX(-73%) VIXM(-66%) UUP(-33%) BNDX(-4%) TBT(10%) |
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 | -1.35% (StdDev 2.7%) |
Hourly BBV | 1.1 () |
Intraday Trend | 0.3% |
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