| FANG latest price $33.0100 (2.83%) ($32.4800 - $38.1000) on Tue. Apr. 7, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 9.07% (three month average) |
RSI | 88 |
Latest Price | $33.0100(2.83%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FANG advances 4.7% a day on average for past five trading days. |
Weekly Trend | FANG advances 24% 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) OIH(83%) XOP(82%) XLE(81%) IWN(59%) IFRA(55%) |
Factors Impacting FANG price | FANG will decline at least -4.535% in a week (0% probabilities). VIXM(-33%) TLT(-20%) UUP(-15%) VXX(-14%) BNDX(-11%) |
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 | -4.535% (StdDev 9.07%) |
Hourly BBV | 0 () |
Intraday Trend | -1.9% |
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