| FANG latest price $94.7200 (-1.27%) ($94.7200 - $94.7200) on Thu. Sep. 30, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.42% (three month average) |
RSI | 75 |
Latest Price | $94.7200(-1.27%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FANG advances 2.3% a day on average for past five trading days. |
Weekly Trend | FANG advances 10.9% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support FANG advance at 0% a week (0% probability) OIH(82%) XLE(70%) XOP(70%) USO(51%) IWD(50%) |
Factors Impacting FANG price | FANG will decline at least -1.71% in a week (0% probabilities). VIXM(-25%) UUP(-20%) SHY(-13%) TLT(-11%) 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 | -1.71% (StdDev 3.42%) |
Hourly BBV | -0.5 () |
Intraday Trend | 0% |
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