| FANG latest price $132.7600 (5.33%) ($128.6800 - $132.7600) on Thu. Aug. 11, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.59% (three month average) |
RSI | 70 |
Latest Price | $132.7600(5.33%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FANG advances 2.7% a day on average for past five trading days. |
Weekly Trend | FANG advances 2.3% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support FANG advance at 0% a week (0% probability) OIH(84%) IWD(48%) IWM(47%) IWO(47%) IWN(46%) |
Factors Impacting FANG price | FANG will decline at least -1.795% in a week (0% probabilities). UUP(-22%) SHY(-19%) BNDX(-14%) VIXM(-13%) VXX(-6%) |
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 | -1.795% (StdDev 3.59%) |
Hourly BBV | 1.7 () |
Intraday Trend | 0% |
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