| FANG latest price $92.0600 (-2.66%) ($91.9700 - $94.6650) on Thu. Aug. 10, 2017. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.06% (three month average) |
RSI | 53 |
Latest Price | $92.0600(-2.66%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FANG advances 0.5% a day on average for past five trading days. |
Weekly Trend | FANG declines -0.2% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support FANG advance at 0% a week (0% probability) OIH(82%) XOP(82%) XLE(79%) IWN(60%) PAVE(56%) |
Factors Impacting FANG price | FANG will decline at least -1.03% in a week (0% probabilities). TLT(-19%) UUP(-13%) VIXM(-12%) BNDX(-7%) IGOV(-1%) |
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 | -1.03% (StdDev 2.06%) |
Hourly BBV | 0 () |
Intraday Trend | -1.5% |
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