| APA latest price $18.0700 (4.51%) ($18.0700 - $18.0700) on Wed. Apr. 14, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.97% (three month average) |
RSI | 44 |
Latest Price | $18.0700(4.51%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | APA advances 0.1% a day on average for past five trading days. |
Weekly Trend | APA declines -2.2% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support APA advance at 0% a week (0% probability) XOP(72%) XLE(70%) OIH(68%) VFMO(50%) XME(50%) |
Factors Impacting APA price | APA will decline at least -1.985% in a week (0% probabilities). VIXM(-30%) UUP(-19%) 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 | -1.985% (StdDev 3.97%) |
Hourly BBV | 0.3 () |
Intraday Trend | 0% |
| |
|
|