| FANG latest price $135.4700 (0.06%) ($134.6800 - $135.4700) on Mon. Jul. 17, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.95% (three month average) |
RSI | 67 |
Latest Price | $135.4700(0.06%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FANG advances 0.3% a day on average for past five trading days. |
Weekly Trend | FANG advances 3.3% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support FANG advance at 0% a week (0% probability) XOP(86%) XLE(82%) OIH(77%) USO(73%) XME(44%) |
Factors Impacting FANG price | FANG will decline at least -0.975% in a week (0% probabilities). GLD(-26%) VXX(-18%) XLV(-10%) XLP(-9%) VIXM(-9%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.975% (StdDev 1.95%) |
Hourly BBV | -0.8 () |
Intraday Trend | 0% |
| |
|
|