| FANG latest price $144.3300 (7.09%) ($144.3300 - $144.3300) on Mon. Apr. 3, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.49% (three month average) |
RSI | 60 |
Latest Price | $144.3300(7.09%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FANG advances 2.3% a day on average for past five trading days. |
Weekly Trend | FANG advances 3.9% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support FANG advance at 0% a week (0% probability) XOP(88%) XLE(87%) OIH(80%) USO(72%) VYM(61%) |
Factors Impacting FANG price | FANG will decline at least -1.245% in a week (0% probabilities). VXX(-37%) VIXM(-32%) SHY(-32%) SMH(-22%) BNDX(-20%) |
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 | -1.245% (StdDev 2.49%) |
Hourly BBV | 1.5 () |
Intraday Trend | 0% |
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