| FANG latest price $109.9400 (-0.8%) ($109.9400 - $109.9400) on Tue. Oct. 12, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.29% (three month average) |
RSI | 93 |
Latest Price | $109.9400(-0.8%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FANG advances 1.1% a day on average for past five trading days. |
Weekly Trend | FANG advances 10% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support FANG advance at 0% a week (0% probability) OIH(82%) XLE(69%) XOP(69%) USO(50%) IWD(49%) |
Factors Impacting FANG price | FANG will decline at least -1.645% in a week (0% probabilities). VIXM(-25%) UUP(-20%) SHY(-13%) BNDX(-11%) TLT(-10%) |
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 | -1.645% (StdDev 3.29%) |
Hourly BBV | -0.4 () |
Intraday Trend | 0% |
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