| FANG latest price $63.5800 (8.84%) ($58.6400 - $64.3500) on Wed. Feb. 3, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 5.89% (three month average) |
RSI | 53 |
Latest Price | $63.5800(8.84%) |
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 -1% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support FANG advance at 0% a week (0% probability) OIH(79%) XOP(75%) XLE(74%) USO(53%) IWN(51%) |
Factors Impacting FANG price | FANG will decline at least -2.945% in a week (0% probabilities). VIXM(-27%) UUP(-18%) TLT(-13%) VXX(-12%) SHY(-11%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.945% (StdDev 5.89%) |
Hourly BBV | 0 () |
Intraday Trend | 7.4% |
| |
|
|