| FANG latest price $37.4800 (13.54%) ($33.6700 - $37.6600) on Wed. Apr. 8, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 9.25% (three month average) |
RSI | 86 |
Latest Price | $37.4800(13.54%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FANG advances 8.3% a day on average for past five trading days. |
Weekly Trend | FANG advances 25.2% 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) OIH(83%) XOP(82%) XLE(81%) IWN(59%) IFRA(55%) |
Factors Impacting FANG price | FANG will decline at least -4.625% 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 | -4.625% (StdDev 9.25%) |
Hourly BBV | 0 () |
Intraday Trend | 9.4% |
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