| FANG latest price $144.1250 (-1.13%) ($143.9300 - $144.1250) on Wed. Jan. 18, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.08% (three month average) |
RSI | 60 |
Latest Price | $144.1250(-1.13%) |
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 3.5% 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) XOP(89%) XLE(87%) OIH(79%) USO(66%) VYM(55%) |
Factors Impacting FANG price | FANG will decline at least -1.04% in a week (0% probabilities). VIXM(-39%) SHY(-37%) BNDX(-32%) BND(-22%) TIP(-20%) |
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 | -1.04% (StdDev 2.08%) |
Hourly BBV | -1.4 () |
Intraday Trend | 0% |
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