| FANG latest price $98.1600 (4.72%) ($93.1700 - $100.0100) on Wed. Nov. 9, 2016. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.36% (three month average) |
RSI | 38 |
Latest Price | $98.1600(4.72%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FANG advances 1.5% a day on average for past five trading days. |
Weekly Trend | FANG declines -2.6% a week on average for past two weeks. |
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) XOP(82%) OIH(81%) XLE(79%) IWN(59%) USO(56%) |
Factors Impacting FANG price | FANG will decline at least -1.18% in a week (0% probabilities). TLT(-19%) VIXM(-13%) UUP(-11%) BNDX(-8%) IPO(-6%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.18% (StdDev 2.36%) |
Hourly BBV | 0 () |
Intraday Trend | 4.7% |
| |
|
|