| FANG latest price $145.7100 (2.95%) ($145.7100 - $145.7100) on Wed. Oct. 19, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.97% (three month average) |
RSI | 80 |
Latest Price | $145.7100(2.95%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FANG advances 0.6% a day on average for past five trading days. |
Weekly Trend | FANG advances 4.5% 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(81%) IWD(51%) IWM(48%) IWN(48%) IWO(47%) |
Factors Impacting FANG price | FANG will decline at least -1.485% in a week (0% probabilities). SHY(-28%) BNDX(-25%) UUP(-16%) VIXM(-11%) VXX(-6%) |
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 | -1.485% (StdDev 2.97%) |
Hourly BBV | 1.8 () |
Intraday Trend | 0% |
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