| FANG latest price $136.1100 (4.93%) ($136.1100 - $136.8050) on Tue. Oct. 4, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.2% (three month average) |
RSI | 44 |
Latest Price | $136.1100(4.93%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FANG advances 3.7% a day on average for past five trading days. |
Weekly Trend | FANG declines -2.8% 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(82%) IWD(53%) IWM(50%) IWN(50%) IWO(50%) |
Factors Impacting FANG price | FANG will decline at least -1.6% in a week (0% probabilities). SHY(-22%) UUP(-20%) BNDX(-15%) VIXM(-12%) 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 | -1.6% (StdDev 3.2%) |
Hourly BBV | 1.3 () |
Intraday Trend | 0% |
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