| APA latest price $59.5900 (-0.58%) ($58.1100 - $59.8750) on Tue. Sep. 27, 2016. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.47% (three month average) |
RSI | 66 |
Latest Price | $59.5900(-0.58%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | APA advances 0.7% a day on average for past five trading days. |
Weekly Trend | APA advances 1.9% 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 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 -1.235% in a week (0% probabilities). VIXM(-16%) TLT(-10%) BWX(-10%) UUP(-6%) IGOV(-2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.235% (StdDev 2.47%) |
Hourly BBV | 0 () |
Intraday Trend | 1% |
| |
|
|