| FANG latest price $84.2650 (4.64%) ($84.2650 - $84.2650) on Wed. Sep. 22, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.24% (three month average) |
RSI | 68 |
Latest Price | $84.2650(4.64%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FANG advances 0.7% a day on average for past five trading days. |
Weekly Trend | FANG advances 4.2% a week on average for past two weeks. |
Market Behavior | Broad based rally 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(71%) XLE(70%) USO(51%) IWD(50%) |
Factors Impacting FANG price | FANG will decline at least -1.62% 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 | -1.62% (StdDev 3.24%) |
Hourly BBV | 1.4 () |
Intraday Trend | 0% |
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