| APPN latest price $125.0100 (4.97%) ($119.5000 - $129.3800) on Fri. Nov. 20, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.4% (three month average) |
RSI | 92 |
Latest Price | $125.0100(4.97%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | APPN advances 4.8% a day on average for past five trading days. |
Weekly Trend | APPN advances 23.1% a week on average for past two weeks. |
Market Behavior | Broad based sell-off 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(53%) IPO(51%) BOTZ(50%) IBUY(50%) |
Factors Impacting APPN price | APPN will decline at least -2.2% in a week (0% probabilities). VIXM(-23%) UUP(-10%) TBT(-10%) VXX(-5%) UNG(-4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.2% (StdDev 4.4%) |
Hourly BBV | 1.1 () |
Intraday Trend | 0% |
| |
|
|