| FANG latest price $92.8600 (1.03%) ($90.3200 - $93.9200) on Fri. May. 27, 2016. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.65% (three month average) |
RSI | 76 |
Latest Price | $92.8600(1.03%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FANG advances 1.3% a day on average for past five trading days. |
Weekly Trend | FANG advances 2.1% 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%) OIH(81%) XLE(79%) IWN(58%) USO(56%) |
Factors Impacting FANG price | FANG will decline at least -0.825% in a week (0% probabilities). TLT(-19%) VIXM(-14%) UUP(-11%) BNDX(-8%) IPO(-2%) |
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 | -0.825% (StdDev 1.65%) |
Hourly BBV | 0 () |
Intraday Trend | 1.6% |
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