| FANG latest price $23.5900 (-1.17%) ($22.0000 - $23.8900) on Mon. Mar. 30, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 8.63% (three month average) |
RSI | 44 |
Latest Price | $23.5900(-1.17%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FANG advances 2.7% a day on average for past five trading days. |
Weekly Trend | FANG declines -3% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support FANG advance at 0% a week (0% probability) OIH(83%) XOP(81%) XLE(79%) IWN(59%) IFRA(56%) |
Factors Impacting FANG price | FANG will decline at least -4.315% in a week (0% probabilities). VIXM(-36%) TLT(-19%) UUP(-16%) VXX(-15%) BNDX(-10%) |
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 | -4.315% (StdDev 8.63%) |
Hourly BBV | 0 () |
Intraday Trend | 3.6% |
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