| FANG latest price $25.0700 (-4.31%) ($23.7000 - $25.6200) on Wed. Apr. 1, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 8.71% (three month average) |
RSI | 52 |
Latest Price | $25.0700(-4.31%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FANG advances 0.7% a day on average for past five trading days. |
Weekly Trend | FANG advances 6.7% 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) OIH(83%) XOP(81%) XLE(79%) IWN(59%) IFRA(56%) |
Factors Impacting FANG price | FANG will decline at least -4.355% 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 | -4.355% (StdDev 8.71%) |
Hourly BBV | 0 () |
Intraday Trend | -0.5% |
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