| APA latest price $42.3650 (3.38%) ($42.3650 - $42.3650) on Wed. Sep. 27, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.13% (three month average) |
RSI | 40 |
Latest Price | $42.3650(3.38%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | APA advances 0.5% a day on average for past five trading days. |
Weekly Trend | APA declines -3% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support APA advance at 0% a week (0% probability) XLE(88%) XOP(88%) OIH(82%) GLD(77%) USO(77%) |
Factors Impacting APA price | APA will decline at least -1.065% in a week (0% probabilities). JETS(-20%) TBT(-6%) PEJ(-12%) XLY(-10%) EWG(-7%) |
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 | -1.065% (StdDev 2.13%) |
Hourly BBV | 1.5 () |
Intraday Trend | 0% |
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