| ADAP latest price $11.3900 (-4.21%) ($10.6300 - $11.9700) on Thu. Jun. 4, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 17.5% (three month average) |
RSI | 86 |
Latest Price | $11.3900(-4.21%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ADAP advances 12.7% a day on average for past five trading days. |
Weekly Trend | ADAP advances 67.5% 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 -8.75% 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 | -8.75% (StdDev 17.5%) |
Hourly BBV | 0 () |
Intraday Trend | -1.1% |
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