| FANG latest price $128.9200 (0.64%) ($127.8600 - $130.6200) on Wed. May. 2, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.43% (three month average) |
RSI | 81 |
Latest Price | $128.9200(0.64%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FANG advances 0.5% a day on average for past five trading days. |
Weekly Trend | FANG advances 2.6% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support FANG advance at 0% a week (0% probability) OIH(82%) XOP(82%) XLE(80%) IWN(60%) PAVE(57%) |
Factors Impacting FANG price | FANG will decline at least -1.215% in a week (0% probabilities). TLT(-18%) UUP(-13%) VIXM(-10%) BNDX(-7%) VXX(-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 | -1.215% (StdDev 2.43%) |
Hourly BBV | 0 () |
Intraday Trend | 0.7% |
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