| FANG latest price $39.8400 (1.01%) ($38.6000 - $40.0000) on Fri. Nov. 20, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.46% (three month average) |
RSI | 75 |
Latest Price | $39.8400(1.01%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FANG advances 3.4% a day on average for past five trading days. |
Weekly Trend | FANG advances 18.9% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support FANG advance at 0% a week (0% probability) OIH(80%) XOP(77%) XLE(75%) IWN(54%) USO(51%) |
Factors Impacting FANG price | FANG will decline at least -2.73% in a week (0% probabilities). VIXM(-26%) UUP(-19%) TLT(-14%) VXX(-12%) SHY(-10%) |
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 | -2.73% (StdDev 5.46%) |
Hourly BBV | 0 () |
Intraday Trend | 1.1% |
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