| ADAP latest price $7.9800 (4.18%) ($7.5800 - $8.3200) on Wed. Sep. 30, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.72% (three month average) |
RSI | 53 |
Latest Price | $7.9800(4.18%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ADAP advances 0.1% a day on average for past five trading days. |
Weekly Trend | ADAP declines -8.4% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support ADAP advance at 0% a week (0% probability) SDY(22%) XLP(22%) XLRE(22%) IWN(21%) DRIV(20%) |
Factors Impacting ADAP price | ADAP will decline at least -2.36% in a week (0% probabilities). BNDX(-18%) TLT(-17%) BND(-17%) TIP(-16%) IPO(-14%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | |
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Market Trend Strength | -2.36% (StdDev 4.72%) |
Hourly BBV | 0 () |
Intraday Trend | 4.6% |
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