| FANG latest price $79.2900 (6.34%) ($77.2000 - $79.9700) on Wed. Feb. 19, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.09% (three month average) |
RSI | 52 |
Latest Price | $79.2900(6.34%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FANG advances 1.8% a day on average for past five trading days. |
Weekly Trend | FANG advances 0.5% 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(84%) XOP(83%) XLE(80%) IWN(61%) PAVE(58%) |
Factors Impacting FANG price | FANG will decline at least -1.045% in a week (0% probabilities). VIXM(-46%) VXX(-19%) TLT(-17%) SHY(-13%) UUP(-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 | -1.045% (StdDev 2.09%) |
Hourly BBV | 0 () |
Intraday Trend | 2.5% |
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