| FANG latest price $31.5900 (8.74%) ($27.7900 - $32.8800) on Fri. Apr. 3, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 9.06% (three month average) |
RSI | 62 |
Latest Price | $31.5900(8.74%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FANG advances 6% a day on average for past five trading days. |
Weekly Trend | FANG advances 18.2% 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(81%) IWN(59%) IWD(56%) |
Factors Impacting FANG price | FANG will decline at least -4.53% in a week (0% probabilities). VIXM(-33%) TLT(-20%) UUP(-15%) VXX(-14%) BNDX(-10%) |
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 | -4.53% (StdDev 9.06%) |
Hourly BBV | 0 () |
Intraday Trend | 1.2% |
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