| FANG latest price $111.2500 (3.77%) ($111.2500 - $112.0900) on Mon. Nov. 1, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.93% (three month average) |
RSI | 52 |
Latest Price | $111.2500(3.77%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FANG advances 0.3% a day on average for past five trading days. |
Weekly Trend | FANG advances 0.2% a week on average for past two weeks. |
Market Behavior | Value stock 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 -1.465% 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 | -1.465% (StdDev 2.93%) |
Hourly BBV | 1.8 () |
Intraday Trend | 0% |
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