| FANG latest price $157.0100 (2.78%) ($157.0100 - $158.4900) on Wed. Sep. 27, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.32% (three month average) |
RSI | 53 |
Latest Price | $157.0100(2.78%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FANG advances 0.6% a day on average for past five trading days. |
Weekly Trend | FANG declines -0.8% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support FANG advance at 0% a week (0% probability) PEJ(58%) XLB(42%) VT(41%) TBT(35%) UUP(74%) |
Factors Impacting FANG price | FANG will decline at least -0.66% in a week (0% probabilities). ICLN(-13%) IFRA(13%) IDRV(75%) IWD(28%) IWN(148%) |
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 | -0.66% (StdDev 1.32%) |
Hourly BBV | 1.5 () |
Intraday Trend | 0% |
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