| FANG latest price $134.6300 (-1.82%) ($134.6300 - $134.6300) on Fri. Dec. 16, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.67% (three month average) |
RSI | 36 |
Latest Price | $134.6300(-1.82%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FANG advances 0.6% a day on average for past five trading days. |
Weekly Trend | FANG declines -3.3% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support FANG advance at 0% a week (0% probability) OIH(80%) IWD(51%) IWM(47%) IWN(47%) DIA(46%) |
Factors Impacting FANG price | FANG will decline at least -1.335% in a week (0% probabilities). SHY(-33%) BNDX(-30%) GLD(-12%) TBT(-10%) BWX(-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 | -1.335% (StdDev 2.67%) |
Hourly BBV | -0.9 () |
Intraday Trend | 0% |
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