| FANG latest price $148.8200 (5.24%) ($148.8200 - $148.8200) on Fri. Feb. 10, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.22% (three month average) |
RSI | 49 |
Latest Price | $148.8200(5.24%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FANG advances 1.5% a day on average for past five trading days. |
Weekly Trend | FANG declines -1.9% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support FANG advance at 0% a week (0% probability) XLE(89%) XOP(89%) OIH(81%) USO(67%) VYM(58%) |
Factors Impacting FANG price | FANG will decline at least -1.11% in a week (0% probabilities). SHY(-40%) VIXM(-39%) BNDX(-34%) BND(-25%) TIP(-24%) |
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 | -1.11% (StdDev 2.22%) |
Hourly BBV | 2.1 () |
Intraday Trend | 0% |
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