| FANG latest price $145.7200 (-2.77%) ($143.8600 - $147.9550) on Wed. Feb. 15, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.2% (three month average) |
RSI | 45 |
Latest Price | $145.7200(-2.77%) |
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 0.2% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support FANG advance at 0% a week (0% probability) XOP(90%) XLE(89%) OIH(81%) USO(68%) VYM(59%) |
Factors Impacting FANG price | FANG will decline at least -1.1% in a week (0% probabilities). VIXM(-40%) SHY(-40%) BNDX(-31%) TIP(-25%) BND(-24%) |
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 | -1.1% (StdDev 2.2%) |
Hourly BBV | -1.4 () |
Intraday Trend | 0% |
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