| FANG latest price $145.4000 (0.8%) ($145.4000 - $145.4000) on Fri. Jul. 28, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.9% (three month average) |
RSI | 75 |
Latest Price | $145.4000(0.8%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FANG advances 0.5% a day on average for past five trading days. |
Weekly Trend | FANG advances 2.9% a week on average for past two weeks. |
Market Behavior | Broad based 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(82%) XLE(79%) OIH(74%) USO(69%) TAN(47%) |
Factors Impacting FANG price | FANG will decline at least -0.95% in a week (0% probabilities). GLD(-45%) SHY(-31%) VCSH(-26%) EDOC(-26%) VXX(-21%) |
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 | -0.95% (StdDev 1.9%) |
Hourly BBV | 0.7 () |
Intraday Trend | 0% |
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