| APA latest price $29.2000 (0.79%) ($28.8300 - $29.9000) on Mon. Jul. 1, 2019. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.55% (three month average) |
RSI | 52 |
Latest Price | $29.2000(0.79%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | APA advances 0.1% a day on average for past five trading days. |
Weekly Trend | APA advances 1.1% 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(22%) EMHY(21%) IYT(21%) OIH(20%) IWD(19%) |
Factors Impacting APA price | APA will decline at least -1.275% in a week (0% probabilities). VIXM(-12%) BWX(-11%) TLT(-10%) VXX(-8%) IGOV(-1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.275% (StdDev 2.55%) |
Hourly BBV | 0 () |
Intraday Trend | -1.6% |
| |
|
|