| FANG latest price $135.0600 (2.27%) ($135.0600 - $135.0600) on Fri. Sep. 9, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.53% (three month average) |
RSI | 58 |
Latest Price | $135.0600(2.27%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FANG advances 0.7% a day on average for past five trading days. |
Weekly Trend | FANG declines -0.3% 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(83%) IWD(52%) IWM(51%) IWO(51%) IWN(50%) |
Factors Impacting FANG price | FANG will decline at least -1.765% in a week (0% probabilities). UUP(-25%) SHY(-17%) VIXM(-15%) 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 | -1.765% (StdDev 3.53%) |
Hourly BBV | 1.4 () |
Intraday Trend | 0% |
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