| FANG latest price $151.9500 (-0.3%) ($150.6500 - $151.9500) on Tue. May. 31, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.16% (three month average) |
RSI | 74 |
Latest Price | $151.9500(-0.3%) |
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 6.6% a week on average for past two weeks. |
Market Behavior | Value stocks 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(85%) XLE(60%) XOP(60%) IWD(50%) IWN(49%) |
Factors Impacting FANG price | FANG will decline at least -1.58% in a week (0% probabilities). UUP(-25%) VIXM(-18%) SHY(-17%) BNDX(-15%) TLT(-9%) |
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 | -1.58% (StdDev 3.16%) |
Hourly BBV | 0.1 () |
Intraday Trend | 0% |
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