| FANG latest price $111.8300 (3.78%) ($111.8300 - $111.8300) on Mon. Jan. 3, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.76% (three month average) |
RSI | 57 |
Latest Price | $111.8300(3.78%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FANG advances 0.1% a day on average for past five trading days. |
Weekly Trend | FANG advances 2.3% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support FANG advance at 0% a week (0% probability) OIH(82%) XLE(67%) XOP(67%) IWD(48%) XME(48%) |
Factors Impacting FANG price | FANG will decline at least -1.38% in a week (0% probabilities). VIXM(-22%) UUP(-21%) SHY(-13%) BNDX(-9%) VXX(-7%) |
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 | -1.38% (StdDev 2.76%) |
Hourly BBV | 1.5 () |
Intraday Trend | 0% |
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