| FANG latest price $126.0400 (1.52%) ($121.4000 - $126.0400) on Wed. Aug. 10, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.55% (three month average) |
RSI | 62 |
Latest Price | $126.0400(1.52%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FANG advances 0.8% 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 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(84%) IWD(48%) IWM(47%) IWO(47%) IWN(46%) |
Factors Impacting FANG price | FANG will decline at least -1.775% in a week (0% probabilities). UUP(-22%) SHY(-18%) VIXM(-14%) BNDX(-14%) VXX(-6%) |
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 | -1.775% (StdDev 3.55%) |
Hourly BBV | 0.7 () |
Intraday Trend | 0% |
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