| FANG latest price $46.5900 (0.09%) ($45.7500 - $47.9700) on Thu. Jun. 18, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 7.2% (three month average) |
RSI | 59 |
Latest Price | $46.5900(0.09%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FANG advances 1% a day on average for past five trading days. |
Weekly Trend | FANG advances 1.6% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support FANG advance at 0% a week (0% probability) OIH(82%) XOP(81%) XLE(79%) IWN(60%) IWD(56%) |
Factors Impacting FANG price | FANG will decline at least -3.6% in a week (0% probabilities). VIXM(-33%) TLT(-20%) UUP(-16%) VXX(-13%) BNDX(-12%) |
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 | -3.6% (StdDev 7.2%) |
Hourly BBV | 0 () |
Intraday Trend | 0.3% |
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