| FANG latest price $128.7400 (0.1%) ($125.0600 - $128.7400) on Fri. Jan. 28, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.01% (three month average) |
RSI | 62 |
Latest Price | $128.7400(0.1%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FANG advances 1.7% a day on average for past five trading days. |
Weekly Trend | FANG advances 1.3% 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(66%) XOP(66%) IWD(48%) XME(48%) |
Factors Impacting FANG price | FANG will decline at least -1.505% 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 | -1.505% (StdDev 3.01%) |
Hourly BBV | -1 () |
Intraday Trend | 0% |
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