| ADAP latest price $10.0100 (7.75%) ($9.0100 - $10.1600) on Tue. Jun. 30, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 16.95% (three month average) |
RSI | 42 |
Latest Price | $10.0100(7.75%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ADAP advances 0.9% a day on average for past five trading days. |
Weekly Trend | ADAP declines -3.6% 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 ADAP advance at 0% a week (0% probability) XBI(22%) IBB(19%) SDY(17%) XME(16%) XLRE(22%) |
Factors Impacting ADAP price | ADAP will decline at least -8.475% in a week (0% probabilities). TLT(-13%) BNDX(-11%) TIP(-10%) VXX(-9%) FXI(-8%) |
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 | -8.475% (StdDev 16.95%) |
Hourly BBV | 0 () |
Intraday Trend | 9.5% |
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