| FANG latest price $59.2350 (-4.35%) ($58.4213 - $61.1500) on Fri. Jan. 15, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.9% (three month average) |
RSI | 76 |
Latest Price | $59.2350(-4.35%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FANG advances 0.8% a day on average for past five trading days. |
Weekly Trend | FANG advances 12.3% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support FANG advance at 0% a week (0% probability) OIH(79%) XOP(75%) XLE(73%) IWN(52%) USO(52%) |
Factors Impacting FANG price | FANG will decline at least -2.95% 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 | -2.95% (StdDev 5.9%) |
Hourly BBV | 0 () |
Intraday Trend | -3% |
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