| FANG latest price $62.8700 (7.84%) ($58.8100 - $63.1300) on Tue. Jan. 12, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.86% (three month average) |
RSI | 85 |
Latest Price | $62.8700(7.84%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FANG advances 3.3% a day on average for past five trading days. |
Weekly Trend | FANG advances 12.5% 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 -2.93% 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 | -2.93% (StdDev 5.86%) |
Hourly BBV | 0 () |
Intraday Trend | 6% |
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