| FANG latest price $100.6200 (0.97%) ($98.5000 - $101.0500) on Mon. May. 8, 2017. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.11% (three month average) |
RSI | 44 |
Latest Price | $100.6200(0.97%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FANG advances 0.3% a day on average for past five trading days. |
Weekly Trend | FANG declines -1.3% 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 FANG advance at 0% a week (0% probability) XOP(82%) OIH(81%) XLE(79%) IWN(59%) PAVE(56%) |
Factors Impacting FANG price | FANG will decline at least -1.055% in a week (0% probabilities). TLT(-19%) VIXM(-12%) UUP(-12%) BNDX(-7%) IGOV(-1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.055% (StdDev 2.11%) |
Hourly BBV | 0 () |
Intraday Trend | 1.2% |
| |
|
|