| FANG latest price $110.4700 (-2.83%) ($110.4700 - $110.4700) on Thu. Dec. 9, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.07% (three month average) |
RSI | 53 |
Latest Price | $110.4700(-2.83%) |
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 1.4% 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(68%) XOP(68%) IWD(50%) USO(49%) |
Factors Impacting FANG price | FANG will decline at least -1.535% in a week (0% probabilities). VIXM(-24%) UUP(-21%) SHY(-13%) BNDX(-10%) VXX(-8%) |
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 | -1.535% (StdDev 3.07%) |
Hourly BBV | -1.5 () |
Intraday Trend | 0% |
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