| FANG latest price $79.1800 (-4.57%) ($79.1800 - $79.1800) on Mon. Sep. 20, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.27% (three month average) |
RSI | 56 |
Latest Price | $79.1800(-4.57%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FANG advances 0.4% a day on average for past five trading days. |
Weekly Trend | FANG advances 2.8% 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(81%) XOP(71%) XLE(70%) USO(51%) IWD(50%) |
Factors Impacting FANG price | FANG will decline at least -1.635% in a week (0% probabilities). VIXM(-26%) UUP(-20%) SHY(-13%) BNDX(-12%) TLT(-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 | -1.635% (StdDev 3.27%) |
Hourly BBV | -1 () |
Intraday Trend | 0% |
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