| ADPT latest price $45.7750 (-0.51%) ($45.0000 - $48.3600) on Wed. Sep. 16, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.34% (three month average) |
RSI | 61 |
Latest Price | $45.7750(-0.51%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ADPT advances 3.6% a day on average for past five trading days. |
Weekly Trend | ADPT advances 2.6% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support ADPT advance at 0% a week (0% probability) ARKG(81%) ARKK(77%) IPO(73%) XBI(70%) IBB(69%) |
Factors Impacting ADPT price | ADPT will decline at least -1.67% in a week (0% probabilities). VIXM(-40%) VXX(-35%) UUP(-23%) TBT(-6%) USO(-5%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -1.67% (StdDev 3.34%) |
Hourly BBV | 0.3 () |
Intraday Trend | 0% |
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