| FANG latest price $77.5900 (-1.93%) ($77.5900 - $77.5900) on Fri. Apr. 16, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.94% (three month average) |
RSI | 54 |
Latest Price | $77.5900(-1.93%) |
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 1.1% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support FANG advance at 0% a week (0% probability) OIH(81%) XOP(74%) XLE(73%) IWN(52%) USO(52%) |
Factors Impacting FANG price | FANG will decline at least -1.97% in a week (0% probabilities). VIXM(-27%) UUP(-20%) TLT(-15%) SHY(-12%) BNDX(-12%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.97% (StdDev 3.94%) |
Hourly BBV | -1.3 () |
Intraday Trend | 0% |
| |
|
|