| FANG latest price $76.4000 (-0.31%) ($76.4000 - $76.4000) on Mon. Aug. 30, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.22% (three month average) |
RSI | 45 |
Latest Price | $76.4000(-0.31%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FANG advances 1.2% a day on average for past five trading days. |
Weekly Trend | FANG declines -0.8% a week on average for past two weeks. |
Market Behavior | Rotation from value to growth for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support FANG advance at 0% a week (0% probability) OIH(82%) XLE(71%) XOP(71%) USO(51%) IWD(50%) |
Factors Impacting FANG price | FANG will decline at least -1.61% in a week (0% probabilities). VIXM(-26%) UUP(-20%) SHY(-13%) TLT(-11%) BNDX(-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 | -1.61% (StdDev 3.22%) |
Hourly BBV | 0.9 () |
Intraday Trend | 0% |
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