| FANG latest price $124.0500 (-0.51%) ($123.5400 - $124.0500) on Thu. Jan. 13, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.84% (three month average) |
RSI | 77 |
Latest Price | $124.0500(-0.51%) |
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 6.5% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off 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(82%) XLE(67%) XOP(66%) IWD(48%) IFRA(47%) |
Factors Impacting FANG price | FANG will decline at least -1.42% in a week (0% probabilities). UUP(-22%) VIXM(-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 | -1.42% (StdDev 2.84%) |
Hourly BBV | 0.3 () |
Intraday Trend | 0% |
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