| APA latest price $34.8050 (-0.03%) ($34.8050 - $34.8050) on Wed. Feb. 2, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.52% (three month average) |
RSI | 59 |
Latest Price | $34.8050(-0.03%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | APA advances 1% a day on average for past five trading days. |
Weekly Trend | APA advances 2.1% a week on average for past two weeks. |
Market Behavior | Broad based rally 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(63%) OIH(62%) XLE(62%) XME(45%) USO(43%) |
Factors Impacting APA price | APA will decline at least -1.76% in a week (0% probabilities). VIXM(-25%) UUP(-19%) TLT(-7%) EDOC(-3%) VXX(-2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.76% (StdDev 3.52%) |
Hourly BBV | 1.1 () |
Intraday Trend | 0% |
| |
|
|