| FANG latest price $75.6150 (-0.09%) ($75.6150 - $75.6150) on Tue. Apr. 6, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.05% (three month average) |
RSI | 41 |
Latest Price | $75.6150(-0.09%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FANG advances 0.3% a day on average for past five trading days. |
Weekly Trend | FANG declines -1.2% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support FANG advance at 0% a week (0% probability) OIH(81%) XOP(74%) XLE(73%) USO(52%) IWN(51%) |
Factors Impacting FANG price | FANG will decline at least -2.025% in a week (0% probabilities). VIXM(-27%) UUP(-20%) TLT(-14%) SHY(-12%) BNDX(-12%) |
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 | -2.025% (StdDev 4.05%) |
Hourly BBV | -1.2 () |
Intraday Trend | 0% |
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