| APA latest price $34.3950 (3.54%) ($34.3950 - $34.3950) on Wed. Jun. 7, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.99% (three month average) |
RSI | 61 |
Latest Price | $34.3950(3.54%) |
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 0.2% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support APA advance at 0% a week (0% probability) XRT(29%) PEJ(27%) ACES(26%) XLB(25%) XLP(25%) |
Factors Impacting APA price | APA will decline at least -1.495% in a week (0% probabilities). IGOV(-24%) VXX(-13%) SHY(-12%) GLD(-12%) UNG(-10%) |
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 | -1.495% (StdDev 2.99%) |
Hourly BBV | 1.1 () |
Intraday Trend | 0% |
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