| FANG latest price $39.0200 (-1.24%) ($38.6900 - $40.3300) on Fri. Jul. 17, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.61% (three month average) |
RSI | 46 |
Latest Price | $39.0200(-1.24%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FANG advances 0.1% a day on average for past five trading days. |
Weekly Trend | FANG declines -2.6% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support FANG advance at 0% a week (0% probability) OIH(81%) XOP(80%) XLE(78%) IWN(58%) IFRA(53%) |
Factors Impacting FANG price | FANG will decline at least -2.805% in a week (0% probabilities). VIXM(-29%) TLT(-17%) UUP(-16%) BNDX(-12%) VXX(-11%) |
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 | -2.805% (StdDev 5.61%) |
Hourly BBV | 0 () |
Intraday Trend | -1.4% |
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