| FANG latest price $140.9400 (-2.37%) ($140.9400 - $140.9400) on Tue. Feb. 28, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.18% (three month average) |
RSI | 48 |
Latest Price | $140.9400(-2.37%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FANG advances 1% a day on average for past five trading days. |
Weekly Trend | FANG declines -1.4% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support FANG advance at 0% a week (0% probability) XOP(89%) XLE(88%) OIH(81%) USO(67%) VYM(61%) |
Factors Impacting FANG price | FANG will decline at least -1.09% in a week (0% probabilities). VIXM(-44%) SHY(-44%) BNDX(-33%) TIP(-27%) BND(-26%) |
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 | -1.09% (StdDev 2.18%) |
Hourly BBV | -1.4 () |
Intraday Trend | 0% |
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