| FANG latest price $85.6900 (3.57%) ($82.8290 - $87.0700) on Tue. Oct. 22, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.58% (three month average) |
RSI | 56 |
Latest Price | $85.6900(3.57%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FANG advances 0.2% a day on average for past five trading days. |
Market Behavior | Growth stock sell-off for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support FANG advance at 0% a week (0% probability) OIH(84%) XOP(82%) XLE(80%) IWN(61%) PAVE(57%) |
Factors Impacting FANG price | FANG will decline at least -1.29% in a week (0% probabilities). VIXM(-46%) VXX(-19%) TLT(-17%) BNDX(-7%) UUP(-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 | -1.29% (StdDev 2.58%) |
Hourly BBV | 0 () |
Intraday Trend | 2.9% |
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