| FANG latest price $126.9600 (-1.97%) ($125.1200 - $128.3600) on Thu. Oct. 18, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.38% (three month average) |
RSI | 40 |
Latest Price | $126.9600(-1.97%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FANG advances 0.4% a day on average for past five trading days. |
Weekly Trend | FANG declines -3.2% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based 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(61%) PAVE(57%) |
Factors Impacting FANG price | FANG will decline at least -1.19% 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 | -1.19% (StdDev 2.38%) |
Hourly BBV | 0 () |
Intraday Trend | -0.8% |
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