| APA latest price $13.0000 (3.75%) ($12.2600 - $13.0957) on Thu. Jun. 4, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 12.37% (three month average) |
RSI | 69 |
Latest Price | $13.0000(3.75%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | APA advances 1.9% a day on average for past five trading days. |
Weekly Trend | APA advances 3.2% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support APA advance at 0% a week (0% probability) XOP(78%) XLE(75%) OIH(74%) XME(53%) IWN(52%) |
Factors Impacting APA price | APA will decline at least -6.185% in a week (0% probabilities). VIXM(-32%) UUP(-18%) TLT(-18%) VXX(-10%) BNDX(-7%) |
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 | -6.185% (StdDev 12.37%) |
Hourly BBV | 0 () |
Intraday Trend | 4.6% |
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