| FANG latest price $77.7150 (3.61%) ($77.7150 - $77.7150) on Mon. Sep. 13, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.12% (three month average) |
RSI | 65 |
Latest Price | $77.7150(3.61%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FANG advances 0.6% a day on average for past five trading days. |
Weekly Trend | FANG advances 0.9% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support FANG advance at 0% a week (0% probability) OIH(81%) XOP(71%) XLE(70%) IWD(50%) USO(50%) |
Factors Impacting FANG price | FANG will decline at least -1.56% in a week (0% probabilities). VIXM(-26%) UUP(-20%) SHY(-13%) TLT(-11%) BNDX(-11%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.56% (StdDev 3.12%) |
Hourly BBV | 0.9 () |
Intraday Trend | 0% |
| |
|
|