| APA latest price $65.9500 (8.58%) ($63.6700 - $66.8300) on Wed. Nov. 30, 2016. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.78% (three month average) |
RSI | 70 |
Latest Price | $65.9500(8.58%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | APA advances 1.1% a day on average for past five trading days. |
Weekly Trend | APA advances 2.8% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Growth stock sell-off for small cap. |
Correlated ETFs | Broad market will support APA advance at 0% a week (0% probability) XOP(31%) OIH(27%) XLE(25%) IYT(23%) IVE(22%) |
Factors Impacting APA price | APA will decline at least -1.39% in a week (0% probabilities). VIXM(-15%) TLT(-11%) BWX(-10%) 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 | -1.39% (StdDev 2.78%) |
Hourly BBV | 0 () |
Intraday Trend | 1.6% |
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