| FANG latest price $109.0100 (-2.53%) ($108.7100 - $112.7600) on Thu. Feb. 16, 2017. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.44% (three month average) |
RSI | 53 |
Latest Price | $109.0100(-2.53%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FANG advances 1% a day on average for past five trading days. |
Weekly Trend | FANG advances 1.5% 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 FANG advance at 0% a week (0% probability) XOP(82%) OIH(81%) XLE(79%) IWN(59%) USO(56%) |
Factors Impacting FANG price | FANG will decline at least -1.22% in a week (0% probabilities). TLT(-19%) VIXM(-13%) UUP(-12%) BNDX(-7%) IPO(-3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.22% (StdDev 2.44%) |
Hourly BBV | 0 () |
Intraday Trend | -2.5% |
| |
|
|