| FANG latest price $37.7400 (1.15%) ($37.1150 - $39.8500) on Wed. Nov. 18, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.49% (three month average) |
RSI | 77 |
Latest Price | $37.7400(1.15%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FANG advances 2.9% a day on average for past five trading days. |
Weekly Trend | FANG advances 14.9% 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(52%) |
Factors Impacting FANG price | FANG will decline at least -2.745% 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 | -2.745% (StdDev 5.49%) |
Hourly BBV | 0 () |
Intraday Trend | -0% |
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