| FANG latest price $141.8000 (-2.69%) ($141.6900 - $141.8000) on Thu. Feb. 16, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.15% (three month average) |
RSI | 40 |
Latest Price | $141.8000(-2.69%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FANG advances 0.1% a day on average for past five trading days. |
Weekly Trend | FANG advances 1% 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) XOP(90%) XLE(89%) OIH(81%) USO(68%) VYM(59%) |
Factors Impacting FANG price | FANG will decline at least -1.075% in a week (0% probabilities). SHY(-41%) VIXM(-40%) BNDX(-32%) TIP(-25%) BND(-25%) |
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 | -1.075% (StdDev 2.15%) |
Hourly BBV | -1.6 () |
Intraday Trend | 0% |
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