| APA latest price $23.5550 (2.48%) ($23.5550 - $23.5550) on Wed. Jun. 2, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.6% (three month average) |
RSI | 63 |
Latest Price | $23.5550(2.48%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | APA advances 3.4% a day on average for past five trading days. |
Weekly Trend | APA advances 1.1% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Rotation from growth to value for small cap. |
Correlated ETFs | Broad market will support APA advance at 0% a week (0% probability) XOP(72%) XLE(69%) OIH(68%) VFMO(51%) XME(51%) |
Factors Impacting APA price | APA will decline at least -1.8% in a week (0% probabilities). VIXM(-31%) UUP(-19%) TLT(-15%) 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 | -1.8% (StdDev 3.6%) |
Hourly BBV | 1.1 () |
Intraday Trend | 0% |
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