| FANG latest price $79.7200 (4.09%) ($79.7200 - $79.7200) on Thu. Aug. 5, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.08% (three month average) |
RSI | 53 |
Latest Price | $79.7200(4.09%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FANG advances 0.1% a day on average for past five trading days. |
Weekly Trend | FANG advances 0.7% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support FANG advance at 0% a week (0% probability) OIH(81%) XOP(72%) XLE(71%) IWN(51%) USO(51%) |
Factors Impacting FANG price | FANG will decline at least -1.54% in a week (0% probabilities). VIXM(-27%) UUP(-20%) SHY(-13%) TLT(-12%) BNDX(-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 | -1.54% (StdDev 3.08%) |
Hourly BBV | 0.4 () |
Intraday Trend | 0% |
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