| APA latest price $18.5300 (11.22%) ($16.9100 - $18.5500) on Tue. Jan. 12, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.07% (three month average) |
RSI | 70 |
Latest Price | $18.5300(11.22%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | APA advances 2.8% a day on average for past five trading days. |
Weekly Trend | APA advances 9.6% 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(74%) XLE(72%) OIH(70%) XME(51%) USO(50%) |
Factors Impacting APA price | APA will decline at least -2.535% in a week (0% probabilities). VIXM(-29%) UUP(-19%) TLT(-14%) VXX(-8%) 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 | -2.535% (StdDev 5.07%) |
Hourly BBV | 0 () |
Intraday Trend | 8.6% |
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