| FANG latest price $86.8400 (-0.21%) ($85.6401 - $87.5799) on Mon. May. 23, 2016. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.67% (three month average) |
RSI | 58 |
Latest Price | $86.8400(-0.21%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FANG advances 0.1% a day on average for past five trading days. |
Weekly Trend | FANG advances 0.8% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support FANG advance at 0% a week (0% probability) XOP(82%) OIH(81%) XLE(79%) IWN(58%) USO(56%) |
Factors Impacting FANG price | FANG will decline at least -0.835% in a week (0% probabilities). TLT(-19%) VIXM(-14%) UUP(-11%) BNDX(-8%) IPO(-2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.835% (StdDev 1.67%) |
Hourly BBV | 0 () |
Intraday Trend | 0.3% |
| |
|
|