| FANG latest price $106.7900 (1.75%) ($105.7100 - $108.9400) on Wed. Jan. 9, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.79% (three month average) |
RSI | 79 |
Latest Price | $106.7900(1.75%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FANG advances 2.3% a day on average for past five trading days. |
Weekly Trend | FANG advances 7.8% 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 -1.395% in a week (0% probabilities). TLT(-18%) VXX(-17%) UUP(-14%) VIXM(-8%) 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 | -1.395% (StdDev 2.79%) |
Hourly BBV | 0 () |
Intraday Trend | -0.2% |
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