| APPN latest price $205.2500 (11.48%) ($205.2500 - $206.3100) on Fri. Jan. 22, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 7.54% (three month average) |
RSI | 65 |
Latest Price | $205.2500(11.48%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | APPN advances 3.5% a day on average for past five trading days. |
Weekly Trend | APPN advances 12.5% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support APPN advance at 0% a week (0% probability) ARKK(66%) SKYY(56%) BOTZ(54%) IBUY(53%) IPO(53%) |
Factors Impacting APPN price | APPN will decline at least -3.77% in a week (0% probabilities). VIXM(-24%) UUP(-10%) TBT(-10%) VXX(-5%) UNG(-3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -3.77% (StdDev 7.54%) |
Hourly BBV | 2.9 () |
Intraday Trend | 0% |
| |
|
|