| FANG latest price $58.3000 (2.71%) ($54.1000 - $58.6100) on Mon. Jan. 11, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.8% (three month average) |
RSI | 79 |
Latest Price | $58.3000(2.71%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FANG advances 3.4% a day on average for past five trading days. |
Weekly Trend | FANG advances 11.1% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Normal 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(-27%) 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 | -2.9% (StdDev 5.8%) |
Hourly BBV | 0 () |
Intraday Trend | 6.6% |
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