| APPN latest price $36.6400 (-5.4%) ($36.3700 - $36.6400) on Thu. Nov. 16, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.77% (three month average) |
RSI | 42 |
Latest Price | $36.6400(-5.4%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | APPN advances 0.7% a day on average for past five trading days. |
Weekly Trend | APPN declines -3.5% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support APPN advance at 0% a week (0% probability) IVW(93%) SPY(76%) SMH(73%) SKYY(71%) XLY(71%) |
Factors Impacting APPN price | APPN will decline at least -1.385% in a week (0% probabilities). VXX(-31%) TBT(-31%) UUP(-20%) URA(-5%) VIXM(-2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.385% (StdDev 2.77%) |
Hourly BBV | -1.2 () |
Intraday Trend | 0% |
| |
|
|