| APPS latest price $27.5000 (10%) ($27.5000 - $27.5000) on Tue. Mar. 25, 2008. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 7.98% (three month average) |
RSI | 59 |
Latest Price | $27.5000(10%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | APPS advances 5.2% a day on average for past five trading days. |
Weekly Trend | APPS advances 5.7% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support APPS advance at 0% a week (0% probability) EEM(17%) VWO(16%) EWY(15%) FXI(15%) XLY(13%) |
Factors Impacting APPS price | APPS will decline at least -3.99% in a week (0% probabilities). TIP(-6%) LQD(-3%) SHY(-2%) JNK(-2%) TLT(-1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -3.99% (StdDev 7.98%) |
Hourly BBV | 0 () |
Intraday Trend | 0% |
| |
|
|