| FANG latest price $140.7300 (-1.35%) ($140.7300 - $142.9000) on Thu. Apr. 6, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.46% (three month average) |
RSI | 75 |
Latest Price | $140.7300(-1.35%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FANG advances 1.1% a day on average for past five trading days. |
Weekly Trend | FANG advances 5.6% 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(60%) |
Factors Impacting FANG price | FANG will decline at least -1.23% in a week (0% probabilities). VXX(-36%) VIXM(-31%) SHY(-30%) SMH(-22%) BNDX(-18%) |
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 | -1.23% (StdDev 2.46%) |
Hourly BBV | -0.7 () |
Intraday Trend | 0% |
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