| FANG latest price $131.5700 (0.56%) ($129.6550 - $132.8500) on Fri. Jun. 29, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.6% (three month average) |
RSI | 71 |
Latest Price | $131.5700(0.56%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FANG advances 1% a day on average for past five trading days. |
Weekly Trend | FANG advances 4.7% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support FANG advance at 0% a week (0% probability) OIH(83%) XOP(82%) XLE(80%) IWN(60%) PAVE(57%) |
Factors Impacting FANG price | FANG will decline at least -1.3% in a week (0% probabilities). TLT(-18%) VXX(-17%) UUP(-13%) VIXM(-10%) BNDX(-7%) |
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 | -1.3% (StdDev 2.6%) |
Hourly BBV | 0 () |
Intraday Trend | 0.8% |
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