| APA latest price $45.5500 (-7.24%) ($45.2750 - $45.5500) on Wed. Nov. 9, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.68% (three month average) |
RSI | 67 |
Latest Price | $45.5500(-7.24%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | APA advances 0.6% a day on average for past five trading days. |
Weekly Trend | APA advances 4.7% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support APA advance at 0% a week (0% probability) BOTZ(35%) OIH(26%) ARKK(25%) IPO(21%) XOP(21%) |
Factors Impacting APA price | APA will decline at least -1.84% in a week (0% probabilities). EDOC(-16%) VIXM(-12%) UUP(-10%) BNDX(-7%) TLT(-5%) |
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 | -1.84% (StdDev 3.68%) |
Hourly BBV | -2.2 () |
Intraday Trend | 0% |
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