| FANG latest price $105.6600 (0.8%) ($105.6600 - $105.6600) on Wed. Dec. 22, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.95% (three month average) |
RSI | 50 |
Latest Price | $105.6600(0.8%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FANG advances 0.4% a day on average for past five trading days. |
Weekly Trend | FANG declines -3% 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(82%) XLE(68%) XOP(67%) IWD(49%) USO(48%) |
Factors Impacting FANG price | FANG will decline at least -1.475% in a week (0% probabilities). VIXM(-22%) UUP(-22%) SHY(-13%) BNDX(-9%) TLT(-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 | -1.475% (StdDev 2.95%) |
Hourly BBV | 0.9 () |
Intraday Trend | 0% |
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