| ADAP latest price $5.1600 (13.91%) ($4.5500 - $5.1750) on Mon. Nov. 2, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.56% (three month average) |
RSI | 24 |
Latest Price | $5.1600(13.91%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ADAP advances 1.3% a day on average for past five trading days. |
Weekly Trend | ADAP declines -21.1% 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) BND(39%) VCSH(32%) TLT(25%) VCIT(25%) BNDX(24%) |
Factors Impacting ADAP price | ADAP will decline at least -3.28% in a week (0% probabilities). OIH(-28%) XME(-26%) XOP(-25%) USO(-20%) XLE(-30%) |
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 | -3.28% (StdDev 6.56%) |
Hourly BBV | 1.9 () |
Intraday Trend | 0% |
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