| FANG latest price $105.1500 (1.11%) ($105.1500 - $105.1500) on Thu. Oct. 7, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.24% (three month average) |
RSI | 83 |
Latest Price | $105.1500(1.11%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FANG advances 2.1% a day on average for past five trading days. |
Weekly Trend | FANG advances 12.2% 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(82%) XLE(69%) XOP(69%) IWD(50%) USO(50%) |
Factors Impacting FANG price | FANG will decline at least -1.62% in a week (0% probabilities). VIXM(-25%) UUP(-20%) SHY(-13%) BNDX(-11%) TLT(-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 | -1.62% (StdDev 3.24%) |
Hourly BBV | 1 () |
Intraday Trend | 0% |
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