| APA latest price $34.3700 (-0.87%) ($34.3700 - $34.3700) on Fri. Jun. 16, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.76% (three month average) |
RSI | 55 |
Latest Price | $34.3700(-0.87%) |
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 1.9% 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) ACES(26%) XRT(22%) ARKG(20%) XLP(20%) PEJ(19%) |
Factors Impacting APA price | APA will decline at least -1.38% in a week (0% probabilities). IGOV(-21%) UUP(-15%) VXX(-12%) UNG(-12%) VIXM(-6%) |
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 | -1.38% (StdDev 2.76%) |
Hourly BBV | 0.2 () |
Intraday Trend | 0% |
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