| FANG latest price $136.6650 (1.26%) ($134.7100 - $136.8999) on Mon. Jul. 9, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.45% (three month average) |
RSI | 68 |
Latest Price | $136.6650(1.26%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FANG advances 0.8% a day on average for past five trading days. |
Weekly Trend | FANG advances 2.8% 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) OIH(83%) XOP(82%) XLE(80%) IWN(60%) PAVE(57%) |
Factors Impacting FANG price | FANG will decline at least -1.225% in a week (0% probabilities). TLT(-18%) VXX(-17%) UUP(-14%) 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 | -1.225% (StdDev 2.45%) |
Hourly BBV | 0 () |
Intraday Trend | 1.3% |
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