| FANG latest price $134.5800 (-1.23%) ($134.0200 - $136.3800) on Fri. May. 18, 2018. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.3% (three month average) |
RSI | 58 |
Latest Price | $134.5800(-1.23%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FANG advances 1.7% a day on average for past five trading days. |
Weekly Trend | FANG advances 1.3% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Normal 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 -1.15% in a week (0% probabilities). TLT(-19%) VXX(-17%) UUP(-13%) VIXM(-10%) BNDX(-7%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.15% (StdDev 2.3%) |
Hourly BBV | 0 () |
Intraday Trend | -1% |
| |
|
|