| FANG latest price $131.4100 (-1.7%) ($131.0500 - $131.4100) on Fri. Mar. 18, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.78% (three month average) |
RSI | 42 |
Latest Price | $131.4100(-1.7%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FANG advances 0.3% a day on average for past five trading days. |
Weekly Trend | FANG declines -3.1% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support FANG advance at 0% a week (0% probability) OIH(84%) XLE(66%) XOP(65%) IWD(51%) IFRA(49%) |
Factors Impacting FANG price | FANG will decline at least -1.39% in a week (0% probabilities). VIXM(-25%) UUP(-24%) SHY(-15%) BNDX(-13%) TLT(-9%) |
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 | -1.39% (StdDev 2.78%) |
Hourly BBV | 0.5 () |
Intraday Trend | 0% |
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