| APPN latest price $63.2500 (0.52%) ($61.1900 - $63.8700) on Wed. Sep. 2, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.51% (three month average) |
RSI | 78 |
Latest Price | $63.2500(0.52%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | APPN advances 2.3% a day on average for past five trading days. |
Weekly Trend | APPN advances 8.4% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support APPN advance at 0% a week (0% probability) ARKK(62%) SKYY(53%) IPO(51%) BOTZ(50%) IBUY(50%) |
Factors Impacting APPN price | APPN will decline at least -1.755% in a week (0% probabilities). VIXM(-24%) UUP(-11%) TBT(-9%) VXX(-6%) UNG(-5%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.755% (StdDev 3.51%) |
Hourly BBV | 0 () |
Intraday Trend | 0.1% |
| |
|
|