| APA latest price $16.4300 (5.59%) ($15.7100 - $16.7100) on Wed. Feb. 3, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.97% (three month average) |
RSI | 42 |
Latest Price | $16.4300(5.59%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | APA advances 2.5% a day on average for past five trading days. |
Weekly Trend | APA declines -7.1% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support APA advance at 0% a week (0% probability) XOP(74%) XLE(71%) OIH(69%) USO(50%) XME(50%) |
Factors Impacting APA price | APA will decline at least -2.485% in a week (0% probabilities). VIXM(-30%) UUP(-18%) TLT(-14%) VXX(-8%) BNDX(-6%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.485% (StdDev 4.97%) |
Hourly BBV | 0 () |
Intraday Trend | 3.6% |
| |
|
|