| FANG latest price $42.1100 (9.15%) ($40.1600 - $42.8200) on Tue. Jul. 21, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.71% (three month average) |
RSI | 50 |
Latest Price | $42.1100(9.15%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FANG advances 1.4% a day on average for past five trading days. |
Weekly Trend | FANG declines -1.4% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Value 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(57%) IWD(53%) |
Factors Impacting FANG price | FANG will decline at least -2.855% in a week (0% probabilities). VIXM(-29%) TLT(-17%) UUP(-16%) VXX(-11%) BNDX(-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 | -2.855% (StdDev 5.71%) |
Hourly BBV | 0 () |
Intraday Trend | 4.7% |
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