| FANG latest price $95.5300 (2.3%) ($93.1800 - $96.5600) on Thu. Sep. 29, 2016. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.75% (three month average) |
RSI | 46 |
Latest Price | $95.5300(2.3%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FANG advances 1% a day on average for past five trading days. |
Weekly Trend | FANG declines -0.3% 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(82%) OIH(81%) XLE(79%) IWN(58%) USO(56%) |
Factors Impacting FANG price | FANG will decline at least -0.875% in a week (0% probabilities). TLT(-19%) VIXM(-13%) UUP(-11%) BNDX(-8%) IPO(-6%) |
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 | -0.875% (StdDev 1.75%) |
Hourly BBV | 0 () |
Intraday Trend | 2.4% |
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