| FANG latest price $125.7300 (-0.21%) ($125.7300 - $125.7300) on Wed. Jan. 19, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.92% (three month average) |
RSI | 76 |
Latest Price | $125.7300(-0.21%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FANG advances 0.2% a day on average for past five trading days. |
Weekly Trend | FANG advances 6.2% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support FANG advance at 0% a week (0% probability) OIH(82%) XLE(66%) XOP(66%) IWD(48%) XME(48%) |
Factors Impacting FANG price | FANG will decline at least -1.46% in a week (0% probabilities). VIXM(-22%) UUP(-22%) 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 | -1.46% (StdDev 2.92%) |
Hourly BBV | 0.1 () |
Intraday Trend | 0% |
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