| FANG latest price $80.2350 (5.86%) ($80.2350 - $80.2350) on Wed. Apr. 14, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4% (three month average) |
RSI | 61 |
Latest Price | $80.2350(5.86%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FANG advances 1% a day on average for past five trading days. |
Weekly Trend | FANG advances 0.8% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Broad based rally 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% in a week (0% probabilities). VIXM(-26%) UUP(-20%) TLT(-15%) 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% (StdDev 4%) |
Hourly BBV | 1.4 () |
Intraday Trend | 0% |
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