| FAS latest price $81.2500 (0.97%) ($81.0200 - $82.0540) on Mon. Dec. 18, 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 | $81.2500(0.97%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FAS advances 1.7% a day on average for past five trading days. |
Weekly Trend | FAS advances 6.2% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support FAS advance at 0% a week (0% probability) IWD(96%) XLF(98%) EWY(94%) VFMO(94%) EWI(93%) |
Factors Impacting FAS price | FAS will decline at least -1.35% in a week (0% probabilities). VXX(-73%) BNDX(6%) URA(26%) UUP(-32%) EDOC(-24%) |
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 | 0.2 () |
Intraday Trend | -0.4% |
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