| FANG latest price $97.8200 (0.85%) ($97.7400 - $99.5800) on Wed. Sep. 4, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.29% (three month average) |
RSI | 54 |
Latest Price | $97.8200(0.85%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FANG advances 1.1% a day on average for past five trading days. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support FANG advance at 0% a week (0% probability) OIH(84%) XOP(82%) XLE(80%) IWN(61%) PAVE(57%) |
Factors Impacting FANG price | FANG will decline at least -1.145% in a week (0% probabilities). VIXM(-45%) VXX(-19%) TLT(-17%) BNDX(-6%) UUP(-5%) |
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 | -1.145% (StdDev 2.29%) |
Hourly BBV | 0 () |
Intraday Trend | -1.1% |
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