| FANG latest price $33.7900 (2.67%) ($31.8100 - $33.8200) on Thu. Sep. 17, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.82% (three month average) |
RSI | 32 |
Latest Price | $33.7900(2.67%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FANG advances 2.4% a day on average for past five trading days. |
Weekly Trend | FANG declines -9.6% 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(81%) XOP(79%) XLE(78%) IWN(57%) IWD(53%) |
Factors Impacting FANG price | FANG will decline at least -1.91% in a week (0% probabilities). VIXM(-28%) UUP(-16%) TLT(-16%) BNDX(-12%) VXX(-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 | -1.91% (StdDev 3.82%) |
Hourly BBV | 0 () |
Intraday Trend | 5.4% |
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