| FANG latest price $155.5300 (1.57%) ($155.5300 - $155.5300) on Wed. Oct. 26, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.86% (three month average) |
RSI | 69 |
Latest Price | $155.5300(1.57%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FANG advances 1.3% a day on average for past five trading days. |
Weekly Trend | FANG advances 4% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support FANG advance at 0% a week (0% probability) OIH(80%) IWD(49%) IWM(47%) IWN(47%) IWO(46%) |
Factors Impacting FANG price | FANG will decline at least -1.43% in a week (0% probabilities). SHY(-28%) BNDX(-27%) UUP(-14%) VIXM(-9%) 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 | -1.43% (StdDev 2.86%) |
Hourly BBV | 1.1 () |
Intraday Trend | 0% |
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