| FANG latest price $31.6600 (-3.62%) ($31.1400 - $33.2400) on Thu. Nov. 12, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.35% (three month average) |
RSI | 57 |
Latest Price | $31.6600(-3.62%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FANG advances 3.7% a day on average for past five trading days. |
Weekly Trend | FANG advances 8.8% 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(78%) XLE(77%) IWN(56%) IWD(51%) |
Factors Impacting FANG price | FANG will decline at least -2.675% 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 | -2.675% (StdDev 5.35%) |
Hourly BBV | 0 () |
Intraday Trend | -0.4% |
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