| FANG latest price $157.8300 (-1.72%) ($157.6600 - $157.8300) on Thu. Jun. 9, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.04% (three month average) |
RSI | 91 |
Latest Price | $157.8300(-1.72%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FANG advances 0.5% a day on average for past five trading days. |
Weekly Trend | FANG advances 7.9% 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(85%) XLE(60%) XOP(59%) IWD(49%) IWN(48%) |
Factors Impacting FANG price | FANG will decline at least -1.52% in a week (0% probabilities). UUP(-25%) VIXM(-18%) SHY(-17%) BNDX(-16%) TLT(-8%) |
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 | -1.52% (StdDev 3.04%) |
Hourly BBV | -1.1 () |
Intraday Trend | 0% |
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