| FANG latest price $130.9150 (0.33%) ($130.9150 - $130.9150) on Tue. Jun. 6, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.3% (three month average) |
RSI | 66 |
Latest Price | $130.9150(0.33%) |
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 0.2% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support FANG advance at 0% a week (0% probability) XOP(84%) XLE(83%) OIH(75%) USO(64%) IWN(53%) |
Factors Impacting FANG price | FANG will decline at least -1.15% in a week (0% probabilities). VXX(-24%) BWX(-17%) BLOK(-17%) VIXM(-16%) SHY(-16%) |
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 | -1.15% (StdDev 2.3%) |
Hourly BBV | -0.3 () |
Intraday Trend | 0% |
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