| FANG latest price $124.4000 (2.66%) ($118.8900 - $124.9300) on Tue. Jan. 11, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.85% (three month average) |
RSI | 79 |
Latest Price | $124.4000(2.66%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FANG advances 0.9% a day on average for past five trading days. |
Weekly Trend | FANG advances 6.7% 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%) USO(47%) |
Factors Impacting FANG price | FANG will decline at least -1.425% 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 | -1.425% (StdDev 2.85%) |
Hourly BBV | 2 () |
Intraday Trend | 0% |
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