| FANG latest price $141.4800 (1.08%) ($141.4800 - $141.4800) on Fri. Jul. 21, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.97% (three month average) |
RSI | 67 |
Latest Price | $141.4800(1.08%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FANG advances 0.9% a day on average for past five trading days. |
Weekly Trend | FANG advances 3% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support FANG advance at 0% a week (0% probability) XOP(85%) XLE(81%) OIH(75%) USO(72%) XME(45%) |
Factors Impacting FANG price | FANG will decline at least -0.985% in a week (0% probabilities). VXX(-21%) GLD(-18%) VIXM(-13%) XLV(-11%) XLP(-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 | -0.985% (StdDev 1.97%) |
Hourly BBV | 1 () |
Intraday Trend | 0% |
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