| FANG latest price $108.2400 (1.28%) ($107.1300 - $109.4700) on Wed. Apr. 17, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.1% (three month average) |
RSI | 60 |
Latest Price | $108.2400(1.28%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FANG advances 0.8% a day on average for past five trading days. |
Weekly Trend | FANG advances 1.8% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Broad based sell-off 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 -1.05% in a week (0% probabilities). TLT(-18%) VXX(-16%) UUP(-14%) VIXM(-7%) 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 | -1.05% (StdDev 2.1%) |
Hourly BBV | 0 () |
Intraday Trend | 0.3% |
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