| FANG latest price $25.9500 (7.36%) ($23.9700 - $26.8200) on Thu. Mar. 26, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 8.6% (three month average) |
RSI | 37 |
Latest Price | $25.9500(7.36%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FANG advances 6.8% a day on average for past five trading days. |
Weekly Trend | FANG declines -15.1% 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) OIH(83%) XOP(80%) XLE(79%) IWN(59%) PAVE(54%) |
Factors Impacting FANG price | FANG will decline at least -4.3% in a week (0% probabilities). VIXM(-40%) UUP(-16%) VXX(-15%) TLT(-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 | -4.3% (StdDev 8.6%) |
Hourly BBV | 0 () |
Intraday Trend | 7.4% |
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