| FANG latest price $49.2700 (4.83%) ($46.7350 - $49.6300) on Wed. Dec. 30, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.8% (three month average) |
RSI | 55 |
Latest Price | $49.2700(4.83%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FANG advances 2.2% a day on average for past five trading days. |
Weekly Trend | FANG declines -0.3% a week on average for past two weeks. |
Market Behavior | Value stock 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(79%) XOP(75%) XLE(74%) USO(53%) IWN(52%) |
Factors Impacting FANG price | FANG will decline at least -2.9% in a week (0% probabilities). VIXM(-28%) UUP(-20%) 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 | -2.9% (StdDev 5.8%) |
Hourly BBV | 0 () |
Intraday Trend | 5.1% |
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