| FANG latest price $144.7500 (2.7%) ($144.7500 - $145.1200) on Wed. Mar. 1, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.21% (three month average) |
RSI | 51 |
Latest Price | $144.7500(2.7%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FANG advances 1.1% a day on average for past five trading days. |
Weekly Trend | FANG declines -1.1% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support FANG advance at 0% a week (0% probability) XOP(89%) XLE(88%) OIH(81%) USO(67%) VYM(61%) |
Factors Impacting FANG price | FANG will decline at least -1.105% in a week (0% probabilities). VIXM(-44%) SHY(-44%) BNDX(-33%) TIP(-27%) BND(-26%) |
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 | -1.105% (StdDev 2.21%) |
Hourly BBV | 0.9 () |
Intraday Trend | 0% |
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