| APA latest price $28.3400 (5.39%) ($27.1400 - $28.4600) on Tue. Jun. 4, 2019. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.56% (three month average) |
RSI | 35 |
Latest Price | $28.3400(5.39%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | APA advances 1.1% a day on average for past five trading days. |
Weekly Trend | APA declines -6.5% 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(23%) EMHY(21%) IYT(21%) OIH(20%) IVE(19%) |
Factors Impacting APA price | APA will decline at least -1.28% in a week (0% probabilities). BWX(-11%) TLT(-10%) VXX(-8%) VIXM(-1%) IGOV(-1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.28% (StdDev 2.56%) |
Hourly BBV | 0 () |
Intraday Trend | 3.8% |
| |
|
|