| FANG latest price $127.1000 (3.92%) ($123.1400 - $128.6400) on Wed. Apr. 18, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.52% (three month average) |
RSI | 52 |
Latest Price | $127.1000(3.92%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FANG advances 1.8% a day on average for past five trading days. |
Weekly Trend | FANG declines -1.1% 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) OIH(82%) XOP(82%) XLE(79%) IWN(60%) PAVE(56%) |
Factors Impacting FANG price | FANG will decline at least -1.26% in a week (0% probabilities). TLT(-19%) UUP(-13%) VIXM(-10%) BNDX(-7%) VXX(-1%) |
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 | -1.26% (StdDev 2.52%) |
Hourly BBV | 0 () |
Intraday Trend | 3% |
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