| ADAP latest price $8.4600 (5.62%) ($7.9900 - $8.4900) on Mon. Oct. 5, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.8% (three month average) |
RSI | 36 |
Latest Price | $8.4600(5.62%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ADAP advances 1.5% a day on average for past five trading days. |
Weekly Trend | ADAP declines -11.2% 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) UNG(20%) XLP(18%) SDY(16%) XLRE(16%) SPLV(15%) |
Factors Impacting ADAP price | ADAP will decline at least -2.4% in a week (0% probabilities). TIP(-16%) IPO(-15%) BNDX(-15%) BND(-14%) CEMB(-13%) |
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 | -2.4% (StdDev 4.8%) |
Hourly BBV | 0 () |
Intraday Trend | 5% |
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