| FANG latest price $153.8200 (0.65%) ($153.8200 - $153.8200) on Thu. Jun. 2, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.1% (three month average) |
RSI | 83 |
Latest Price | $153.8200(0.65%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FANG advances 1.6% a day on average for past five trading days. |
Weekly Trend | FANG advances 8.3% 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(85%) XLE(60%) XOP(59%) IWD(50%) IWN(49%) |
Factors Impacting FANG price | FANG will decline at least -1.55% in a week (0% probabilities). UUP(-24%) VIXM(-18%) SHY(-17%) BNDX(-15%) 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 | -1.55% (StdDev 3.1%) |
Hourly BBV | -0.4 () |
Intraday Trend | 0% |
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