| FANG latest price $136.8200 (1.24%) ($136.8200 - $136.8200) on Wed. Aug. 24, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.55% (three month average) |
RSI | 80 |
Latest Price | $136.8200(1.24%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FANG advances 1.7% 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 | Normal for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support FANG advance at 0% a week (0% probability) OIH(84%) IWD(50%) IWM(49%) IWO(49%) IWN(48%) |
Factors Impacting FANG price | FANG will decline at least -1.775% in a week (0% probabilities). UUP(-24%) SHY(-17%) VIXM(-15%) 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 | -1.775% (StdDev 3.55%) |
Hourly BBV | 0.6 () |
Intraday Trend | 0% |
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