| FANG latest price $77.3400 (-1.5%) ($76.7100 - $78.3900) on Fri. Nov. 29, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.86% (three month average) |
RSI | 57 |
Latest Price | $77.3400(-1.5%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FANG advances 0.5% a day on average for past five trading days. |
Weekly Trend | FANG advances 0.4% a week on average for past two weeks. |
Market Behavior | Broad based 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(84%) XOP(83%) XLE(80%) IWN(61%) PAVE(58%) |
Factors Impacting FANG price | FANG will decline at least -1.43% in a week (0% probabilities). VIXM(-46%) VXX(-20%) TLT(-17%) BNDX(-7%) UUP(-6%) |
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 | -1.43% (StdDev 2.86%) |
Hourly BBV | 0 () |
Intraday Trend | -0.2% |
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