| FANG latest price $47.8000 (8.51%) ($44.6200 - $48.3900) on Wed. Dec. 23, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.78% (three month average) |
RSI | 66 |
Latest Price | $47.8000(8.51%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FANG advances 0.1% a day on average for past five trading days. |
Market Behavior | Rotation from growth to value for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support FANG advance at 0% a week (0% probability) OIH(79%) XOP(76%) XLE(74%) IWN(52%) USO(52%) |
Factors Impacting FANG price | FANG will decline at least -2.89% in a week (0% probabilities). VIXM(-28%) UUP(-19%) TLT(-14%) VXX(-12%) SHY(-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 | -2.89% (StdDev 5.78%) |
Hourly BBV | 0 () |
Intraday Trend | 6.5% |
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