| FANG latest price $138.0600 (3.69%) ($131.2500 - $138.0600) on Mon. Feb. 28, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.86% (three month average) |
RSI | 58 |
Latest Price | $138.0600(3.69%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FANG advances 1% a day on average for past five trading days. |
Weekly Trend | FANG advances 0.6% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support FANG advance at 0% a week (0% probability) OIH(82%) XLE(66%) XOP(65%) IWD(50%) IFRA(49%) |
Factors Impacting FANG price | FANG will decline at least -1.43% in a week (0% probabilities). VIXM(-24%) UUP(-24%) SHY(-14%) BNDX(-11%) VXX(-7%) |
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 | -1.43% (StdDev 2.86%) |
Hourly BBV | 1.5 () |
Intraday Trend | 0% |
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