| FANG latest price $127.8600 (-3.87%) ($127.8600 - $127.8600) on Mon. Aug. 15, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.57% (three month average) |
RSI | 62 |
Latest Price | $127.8600(-3.87%) |
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 2.2% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support FANG advance at 0% a week (0% probability) OIH(84%) IWD(50%) IWM(48%) IWN(48%) IWO(48%) |
Factors Impacting FANG price | FANG will decline at least -1.785% in a week (0% probabilities). UUP(-24%) SHY(-17%) VIXM(-14%) BNDX(-11%) 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 | -1.785% (StdDev 3.57%) |
Hourly BBV | -0.7 () |
Intraday Trend | 0% |
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