| FANG latest price $132.3100 (-0.79%) ($132.3100 - $132.3100) on Fri. Jun. 9, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.31% (three month average) |
RSI | 55 |
Latest Price | $132.3100(-0.79%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FANG advances 0.1% 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 | Normal 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(84%) XLE(82%) OIH(74%) USO(63%) IWN(53%) |
Factors Impacting FANG price | FANG will decline at least -1.155% in a week (0% probabilities). VXX(-25%) VIXM(-16%) BLOK(-16%) BWX(-15%) XLV(-13%) |
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 | -1.155% (StdDev 2.31%) |
Hourly BBV | -1.5 () |
Intraday Trend | 0% |
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