| FANG latest price $67.7700 (-1.61%) ($65.5600 - $69.2300) on Thu. Feb. 11, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.45% (three month average) |
RSI | 55 |
Latest Price | $67.7700(-1.61%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FANG advances 0.7% a day on average for past five trading days. |
Weekly Trend | FANG advances 6.3% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support FANG advance at 0% a week (0% probability) OIH(79%) XOP(75%) XLE(73%) USO(54%) IWN(51%) |
Factors Impacting FANG price | FANG will decline at least -2.225% in a week (0% probabilities). VIXM(-26%) UUP(-18%) TLT(-13%) VXX(-11%) SHY(-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 | -2.225% (StdDev 4.45%) |
Hourly BBV | 0 () |
Intraday Trend | -0.8% |
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