| ADAP latest price $5.2400 (1.55%) ($4.9400 - $5.3550) on Tue. Nov. 3, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 6.56% (three month average) |
RSI | 29 |
Latest Price | $5.2400(1.55%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ADAP advances 1.9% a day on average for past five trading days. |
Weekly Trend | ADAP declines -15.3% 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. |
| |
| |
Relative Volatility | |
| |
Market Trend Strength | -3.28% (StdDev 6.56%) |
Hourly BBV | 1.3 () |
Intraday Trend | 0% |
| |
|
|