| FANG latest price $139.9700 (0.8%) ($139.9700 - $139.9700) on Thu. Jul. 20, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.97% (three month average) |
RSI | 68 |
Latest Price | $139.9700(0.8%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FANG advances 0.1% a day on average for past five trading days. |
Weekly Trend | FANG advances 2.7% 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) XOP(86%) XLE(82%) OIH(77%) USO(74%) XME(44%) |
Factors Impacting FANG price | FANG will decline at least -0.985% in a week (0% probabilities). GLD(-25%) VXX(-18%) XLV(-11%) SHY(-10%) XLP(-9%) |
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 | -0.985% (StdDev 1.97%) |
Hourly BBV | 0.9 () |
Intraday Trend | 0% |
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