| FANG latest price $104.3500 (1.85%) ($102.8000 - $105.1550) on Mon. Apr. 8, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.89% (three month average) |
RSI | 52 |
Latest Price | $104.3500(1.85%) |
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 -0.7% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support FANG advance at 0% a week (0% probability) OIH(83%) XOP(82%) XLE(80%) IWN(61%) PAVE(57%) |
Factors Impacting FANG price | FANG will decline at least -0.945% in a week (0% probabilities). TLT(-18%) VXX(-16%) UUP(-14%) VIXM(-7%) BNDX(-7%) |
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 | -0.945% (StdDev 1.89%) |
Hourly BBV | 0 () |
Intraday Trend | 1.5% |
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