| FANG latest price $79.1150 (-1.4%) ($79.1150 - $79.1150) on Thu. Apr. 15, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.96% (three month average) |
RSI | 60 |
Latest Price | $79.1150(-1.4%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FANG advances 1% a day on average for past five trading days. |
Weekly Trend | FANG advances 1.5% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support FANG advance at 0% a week (0% probability) OIH(81%) XOP(74%) XLE(73%) IWN(52%) USO(52%) |
Factors Impacting FANG price | FANG will decline at least -1.98% in a week (0% probabilities). VIXM(-27%) UUP(-20%) TLT(-15%) SHY(-12%) 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 | -1.98% (StdDev 3.96%) |
Hourly BBV | 0.3 () |
Intraday Trend | 0% |
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