| APA latest price $60.8900 (5.91%) ($58.0900 - $60.9400) on Wed. Sep. 21, 2016. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.68% (three month average) |
RSI | 80 |
Latest Price | $60.8900(5.91%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | APA advances 1.4% a day on average for past five trading days. |
Weekly Trend | APA advances 6.1% 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 APA advance at 0% a week (0% probability) XOP(31%) OIH(27%) XLE(25%) IVE(23%) IWD(23%) |
Factors Impacting APA price | APA will decline at least -1.34% in a week (0% probabilities). VIXM(-16%) TLT(-10%) BWX(-9%) UUP(-6%) IGOV(-2%) |
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 | -1.34% (StdDev 2.68%) |
Hourly BBV | 0 () |
Intraday Trend | 4.6% |
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