| ADAP latest price $6.0050 (7.23%) ($6.0050 - $6.0300) on Tue. Feb. 2, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.3% (three month average) |
RSI | 52 |
Latest Price | $6.0050(7.23%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ADAP advances 1.6% a day on average for past five trading days. |
Weekly Trend | ADAP declines -2.6% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support ADAP advance at 0% a week (0% probability) IFRA(46%) JNK(39%) BLOK(38%) IVE(38%) PAVE(38%) |
Factors Impacting ADAP price | ADAP will decline at least -2.15% in a week (0% probabilities). TLT(-27%) VXX(-21%) VCIT(-17%) UUP(-16%) LQD(-5%) |
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 | -2.15% (StdDev 4.3%) |
Hourly BBV | 2 () |
Intraday Trend | 0% |
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