| FANG latest price $76.4000 (-2.65%) ($75.5300 - $77.3100) on Fri. Feb. 21, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.11% (three month average) |
RSI | 55 |
Latest Price | $76.4000(-2.65%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FANG advances 0.5% a day on average for past five trading days. |
Weekly Trend | FANG advances 1.4% 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) OIH(84%) XOP(83%) XLE(81%) IWN(61%) PAVE(58%) |
Factors Impacting FANG price | FANG will decline at least -1.055% 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 | -1.055% (StdDev 2.11%) |
Hourly BBV | 0 () |
Intraday Trend | -1.2% |
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