| FANG latest price $131.4400 (0.81%) ($131.4400 - $131.4400) on Mon. Aug. 22, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.58% (three month average) |
RSI | 54 |
Latest Price | $131.4400(0.81%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FANG advances 0.6% a day on average for past five trading days. |
Weekly Trend | FANG advances 2.6% 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(84%) IWD(50%) IWM(49%) IWO(49%) IWN(48%) |
Factors Impacting FANG price | FANG will decline at least -1.79% in a week (0% probabilities). UUP(-24%) SHY(-17%) VIXM(-15%) BNDX(-11%) 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 | -1.79% (StdDev 3.58%) |
Hourly BBV | 1.1 () |
Intraday Trend | 0% |
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