| FANG latest price $127.0900 (-2.43%) ($126.8800 - $131.0200) on Tue. Mar. 6, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.22% (three month average) |
RSI | 71 |
Latest Price | $127.0900(-2.43%) |
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 2.2% 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(82%) XOP(82%) XLE(79%) IWN(60%) PAVE(57%) |
Factors Impacting FANG price | FANG will decline at least -1.11% in a week (0% probabilities). TLT(-19%) UUP(-13%) VIXM(-11%) BNDX(-7%) VXX(-1%) |
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 | -1.11% (StdDev 2.22%) |
Hourly BBV | 0 () |
Intraday Trend | -2.7% |
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