| FANG latest price $111.1700 (4.79%) ($111.1700 - $111.1700) on Mon. Dec. 27, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.79% (three month average) |
RSI | 54 |
Latest Price | $111.1700(4.79%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FANG advances 1.7% a day on average for past five trading days. |
Weekly Trend | FANG declines -2.7% 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(82%) XLE(67%) XOP(67%) IWD(49%) USO(48%) |
Factors Impacting FANG price | FANG will decline at least -1.395% in a week (0% probabilities). VIXM(-22%) UUP(-21%) SHY(-13%) BNDX(-9%) VXX(-7%) |
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 | -1.395% (StdDev 2.79%) |
Hourly BBV | 2.1 () |
Intraday Trend | 0% |
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