| APA latest price $35.4500 (2.96%) ($35.4500 - $35.4500) on Mon. Mar. 27, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.87% (three month average) |
RSI | 37 |
Latest Price | $35.4500(2.96%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | APA advances 1.5% a day on average for past five trading days. |
Weekly Trend | APA declines -2.7% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support APA advance at 0% a week (0% probability) XLE(47%) XOP(47%) VYM(43%) IWD(40%) OIH(40%) |
Factors Impacting APA price | APA will decline at least -1.435% in a week (0% probabilities). VXX(-30%) SHY(-30%) VIXM(-23%) IGOV(-20%) GLD(-18%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.435% (StdDev 2.87%) |
Hourly BBV | 1.7 () |
Intraday Trend | 0% |
| |
|
|