| FANG latest price $137.8000 (2.83%) ($134.3000 - $139.5900) on Fri. Mar. 4, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.8% (three month average) |
RSI | 51 |
Latest Price | $137.8000(2.83%) |
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 2.5% 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(82%) XLE(65%) XOP(65%) IWD(50%) IFRA(49%) |
Factors Impacting FANG price | FANG will decline at least -1.4% in a week (0% probabilities). VIXM(-24%) UUP(-24%) SHY(-14%) BNDX(-11%) VXX(-7%) |
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 | -1.4% (StdDev 2.8%) |
Hourly BBV | 1.1 () |
Intraday Trend | 0% |
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