| ADAP latest price $12.1000 (3.95%) ($11.5300 - $12.4800) on Tue. Jun. 2, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 17.48% (three month average) |
RSI | 82 |
Latest Price | $12.1000(3.95%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ADAP advances 18.1% a day on average for past five trading days. |
Weekly Trend | ADAP advances 42.5% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support ADAP advance at 0% a week (0% probability) CEMB(13%) BNDX(11%) SPLV(10%) XHB(10%) INDA(8%) |
Factors Impacting ADAP price | ADAP will decline at least -8.74% in a week (0% probabilities). XOP(-8%) ARKG(-6%) XLK(-5%) ONLN(-5%) BOTZ(-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 | -8.74% (StdDev 17.48%) |
Hourly BBV | 0 () |
Intraday Trend | -1.8% |
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