| FANG latest price $35.9300 (6.93%) ($35.0900 - $36.3100) on Mon. Nov. 16, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 5.47% (three month average) |
RSI | 69 |
Latest Price | $35.9300(6.93%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FANG advances 2.1% a day on average for past five trading days. |
Weekly Trend | FANG advances 14.3% 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(81%) XOP(78%) XLE(77%) IWN(56%) IWD(52%) |
Factors Impacting FANG price | FANG will decline at least -2.735% 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. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.735% (StdDev 5.47%) |
Hourly BBV | 0 () |
Intraday Trend | 1.4% |
| |
|
|