| FANG latest price $128.3700 (0.81%) ($128.3700 - $128.3700) on Wed. Jun. 28, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2% (three month average) |
RSI | 44 |
Latest Price | $128.3700(0.81%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FANG advances 0.1% a day on average for past five trading days. |
Weekly Trend | FANG declines -2% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support FANG advance at 0% a week (0% probability) XOP(87%) XLE(83%) OIH(81%) USO(67%) IWN(52%) |
Factors Impacting FANG price | FANG will decline at least -1% in a week (0% probabilities). VXX(-24%) VIXM(-19%) XLV(-11%) XLP(-11%) UUP(-5%) |
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% (StdDev 2%) |
Hourly BBV | 1.7 () |
Intraday Trend | 0% |
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