| FANG latest price $121.7300 (2.46%) ($118.4400 - $123.5200) on Fri. Sep. 14, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.48% (three month average) |
RSI | 49 |
Latest Price | $121.7300(2.46%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FANG advances 1.6% a day on average for past five trading days. |
Weekly Trend | FANG declines -1.5% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support FANG advance at 0% a week (0% probability) OIH(83%) XOP(82%) XLE(80%) IWN(61%) PAVE(57%) |
Factors Impacting FANG price | FANG will decline at least -1.24% in a week (0% probabilities). TLT(-19%) VXX(-17%) UUP(-14%) VIXM(-10%) BNDX(-7%) |
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 | -1.24% (StdDev 2.48%) |
Hourly BBV | 0 () |
Intraday Trend | 2.1% |
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