| FANG latest price $45.5100 (2.09%) ($44.1000 - $45.8100) on Fri. Aug. 14, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.85% (three month average) |
RSI | 70 |
Latest Price | $45.5100(2.09%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FANG advances 1.6% a day on average for past five trading days. |
Weekly Trend | FANG advances 6.3% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Growth stock sell-off for small cap. |
Correlated ETFs | Broad market will support FANG advance at 0% a week (0% probability) OIH(81%) XOP(79%) XLE(78%) IWN(57%) IWD(53%) |
Factors Impacting FANG price | FANG will decline at least -2.425% in a week (0% probabilities). VIXM(-29%) TLT(-17%) UUP(-16%) BNDX(-12%) VXX(-11%) |
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 | -2.425% (StdDev 4.85%) |
Hourly BBV | 0 () |
Intraday Trend | 2.5% |
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