| APA latest price $14.8300 (-10.28%) ($14.5100 - $15.9300) on Wed. Jun. 10, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 10.63% (three month average) |
RSI | 65 |
Latest Price | $14.8300(-10.28%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | APA advances 3% a day on average for past five trading days. |
Weekly Trend | APA advances 14.9% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Broad based sell-off 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 -5.315% 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 | -5.315% (StdDev 10.63%) |
Hourly BBV | 0 () |
Intraday Trend | -6.9% |
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