| FANG latest price $134.5100 (1.24%) ($132.9800 - $136.2100) on Tue. Sep. 25, 2018. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.28% (three month average) |
RSI | 72 |
Latest Price | $134.5100(1.24%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FANG advances 1.5% a day on average for past five trading days. |
Weekly Trend | FANG advances 6.7% a week on average for past two weeks. |
Market Behavior | Value stocks 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(83%) XOP(82%) XLE(80%) IWN(61%) PAVE(57%) |
Factors Impacting FANG price | FANG will decline at least -1.14% 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. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.14% (StdDev 2.28%) |
Hourly BBV | 0 () |
Intraday Trend | 0.7% |
| |
|
|