| APPN latest price $42.0900 (6.58%) ($41.1100 - $42.9800) on Wed. Apr. 22, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 6.65% (three month average) |
RSI | 63 |
Latest Price | $42.0900(6.58%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | APPN advances 1.2% a day on average for past five trading days. |
Weekly Trend | APPN advances 10.4% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support APPN advance at 0% a week (0% probability) ARKK(62%) SKYY(55%) IPO(51%) BOTZ(50%) IBUY(50%) |
Factors Impacting APPN price | APPN will decline at least -3.325% in a week (0% probabilities). VIXM(-26%) UUP(-12%) VXX(-8%) TBT(-7%) UNG(-4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -3.325% (StdDev 6.65%) |
Hourly BBV | 0 () |
Intraday Trend | 1.3% |
| |
|
|