| FANG latest price $141.4100 (-1.89%) ($141.2600 - $141.4100) on Thu. Feb. 9, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.13% (three month average) |
RSI | 42 |
Latest Price | $141.4100(-1.89%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FANG advances 0.6% a day on average for past five trading days. |
Weekly Trend | FANG declines -2.5% 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) XLE(89%) XOP(89%) OIH(81%) USO(67%) VYM(58%) |
Factors Impacting FANG price | FANG will decline at least -1.065% in a week (0% probabilities). VIXM(-39%) SHY(-39%) BNDX(-34%) BND(-25%) TIP(-24%) |
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 | -1.065% (StdDev 2.13%) |
Hourly BBV | -0.2 () |
Intraday Trend | 0% |
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