| FANG latest price $139.5600 (0.09%) ($139.5600 - $139.5600) on Thu. Jul. 13, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.92% (three month average) |
RSI | 78 |
Latest Price | $139.5600(0.09%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FANG advances 1.9% a day on average for past five trading days. |
Weekly Trend | FANG advances 3.9% a week on average for past two weeks. |
Market Behavior | Broad based 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(87%) XLE(84%) OIH(80%) USO(68%) IWN(51%) |
Factors Impacting FANG price | FANG will decline at least -0.96% in a week (0% probabilities). VXX(-27%) VIXM(-21%) XLP(-17%) XLV(-13%) TBT(-5%) |
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 | -0.96% (StdDev 1.92%) |
Hourly BBV | 0.8 () |
Intraday Trend | 0% |
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