| FANG latest price $160.2450 (1.88%) ($160.2450 - $160.4700) on Thu. Nov. 10, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.71% (three month average) |
RSI | 64 |
Latest Price | $160.2450(1.88%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FANG advances 0.2% a day on average for past five trading days. |
Weekly Trend | FANG advances 2.5% 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(80%) IWD(52%) IWM(49%) IWN(49%) IWO(48%) |
Factors Impacting FANG price | FANG will decline at least -1.355% in a week (0% probabilities). SHY(-29%) BNDX(-27%) UUP(-15%) VIXM(-9%) 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 | -1.355% (StdDev 2.71%) |
Hourly BBV | -0.4 () |
Intraday Trend | 0% |
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