| APA latest price $17.7300 (10.33%) ($16.5700 - $17.8700) on Mon. Jun. 8, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 12.62% (three month average) |
RSI | 74 |
Latest Price | $17.7300(10.33%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | APA advances 9.2% a day on average for past five trading days. |
Weekly Trend | APA advances 11% a week on average for past two weeks. |
Market Behavior | Value stock 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(78%) XLE(75%) OIH(74%) XME(53%) IWN(52%) |
Factors Impacting APA price | APA will decline at least -6.31% in a week (0% probabilities). VIXM(-32%) UUP(-18%) TLT(-18%) VXX(-10%) BNDX(-6%) |
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 | -6.31% (StdDev 12.62%) |
Hourly BBV | 0 () |
Intraday Trend | 0.5% |
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