| FANG latest price $145.6800 (0.37%) ($144.4100 - $145.6800) on Thu. Apr. 13, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.46% (three month average) |
RSI | 82 |
Latest Price | $145.6800(0.37%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FANG advances 0.4% a day on average for past five trading days. |
Weekly Trend | FANG advances 5.5% 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) XOP(87%) XLE(86%) OIH(78%) USO(70%) VYM(61%) |
Factors Impacting FANG price | FANG will decline at least -1.23% in a week (0% probabilities). VXX(-37%) VIXM(-31%) SHY(-30%) SMH(-24%) BNDX(-20%) |
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 | -1.23% (StdDev 2.46%) |
Hourly BBV | 0.3 () |
Intraday Trend | 0% |
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