| APA latest price $45.2850 (-5.01%) ($45.2850 - $45.2850) on Wed. Dec. 28, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.28% (three month average) |
RSI | 56 |
Latest Price | $45.2850(-5.01%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | APA advances 0.5% a day on average for past five trading days. |
Weekly Trend | APA advances 3.1% 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(28%) ARKK(17%) IPO(14%) SMH(13%) ACES(12%) |
Factors Impacting APA price | APA will decline at least -1.64% in a week (0% probabilities). VCIT(-9%) BNDX(-9%) VIXM(-8%) TLT(-8%) INDA(-8%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.64% (StdDev 3.28%) |
Hourly BBV | -1.7 () |
Intraday Trend | 0% |
| |
|
|