| ADAP latest price $5.4800 (-1.08%) ($5.4800 - $5.4800) on Fri. Mar. 12, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.63% (three month average) |
RSI | 37 |
Latest Price | $5.4800(-1.08%) |
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 -4.9% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support ADAP advance at 0% a week (0% probability) HYG(37%) IFRA(28%) UNG(26%) SLV(23%) XRT(21%) |
Factors Impacting ADAP price | ADAP will decline at least -2.315% in a week (0% probabilities). GLD(-42%) QQQ(-12%) SPY(-26%) XLK(-23%) XLRE(-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 | -2.315% (StdDev 4.63%) |
Hourly BBV | 1.1 () |
Intraday Trend | 0% |
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