| FANG latest price $142.6250 (-0.8%) ($142.6250 - $142.6250) on Tue. Mar. 7, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.18% (three month average) |
RSI | 40 |
Latest Price | $142.6250(-0.8%) |
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 1.2% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support FANG advance at 0% a week (0% probability) XLE(89%) XOP(89%) OIH(83%) USO(68%) VYM(63%) |
Factors Impacting FANG price | FANG will decline at least -1.09% in a week (0% probabilities). SHY(-46%) VIXM(-44%) BNDX(-36%) TIP(-29%) BND(-29%) |
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 | -1.09% (StdDev 2.18%) |
Hourly BBV | -0.9 () |
Intraday Trend | 0% |
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