| APA latest price $49.0450 (3.51%) ($49.0450 - $49.0450) on Fri. Nov. 4, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.56% (three month average) |
RSI | 81 |
Latest Price | $49.0450(3.51%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | APA advances 1.6% a day on average for past five trading days. |
Weekly Trend | APA advances 5.8% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support APA advance at 0% a week (0% probability) BOTZ(35%) OIH(27%) ARKK(25%) ACES(21%) XOP(21%) |
Factors Impacting APA price | APA will decline at least -1.78% in a week (0% probabilities). VIXM(-12%) UUP(-10%) BNDX(-7%) TLT(-4%) TIP(-1%) |
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 | -1.78% (StdDev 3.56%) |
Hourly BBV | 1.3 () |
Intraday Trend | 0% |
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