| APA latest price $43.3100 (2.64%) ($43.3100 - $43.3100) on Tue. Aug. 8, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.28% (three month average) |
RSI | 79 |
Latest Price | $43.3100(2.64%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | APA advances 1.5% a day on average for past five trading days. |
Weekly Trend | APA advances 3.7% 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) XOP(84%) XLE(81%) OIH(75%) USO(70%) XAR(39%) |
Factors Impacting APA price | APA will decline at least -1.14% in a week (0% probabilities). PEJ(-8%) JETS(-8%) XLY(-7%) IGOV(-7%) EWG(-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 | -1.14% (StdDev 2.28%) |
Hourly BBV | 2.1 () |
Intraday Trend | 0% |
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