| FANG latest price $161.6200 (1.69%) ($161.6200 - $161.6700) on Thu. Nov. 17, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.68% (three month average) |
RSI | 61 |
Latest Price | $161.6200(1.69%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FANG advances 0.2% a day on average for past five trading days. |
Weekly Trend | FANG advances 2% a week on average for past two weeks. |
Market Behavior | Normal 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(80%) IWD(51%) IWM(49%) IWN(49%) IWO(48%) |
Factors Impacting FANG price | FANG will decline at least -1.34% in a week (0% probabilities). SHY(-29%) BNDX(-27%) UUP(-14%) VIXM(-8%) 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 | -1.34% (StdDev 2.68%) |
Hourly BBV | -0.6 () |
Intraday Trend | 0% |
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