| APPS latest price $11.0100 (-2.31%) ($10.5700 - $11.2900) on Wed. Jun. 24, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.05% (three month average) |
RSI | 68 |
Latest Price | $11.0100(-2.31%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | APPS advances 1.5% a day on average for past five trading days. |
Weekly Trend | APPS advances 6.2% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support APPS advance at 0% a week (0% probability) IBUY(62%) ARKK(61%) IWO(60%) SKYY(60%) IPO(58%) |
Factors Impacting APPS price | APPS will decline at least -3.025% in a week (0% probabilities). VIXM(-32%) UUP(-28%) VXX(-12%) TBT(-10%) IGOV(-4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -3.025% (StdDev 6.05%) |
Hourly BBV | 0 () |
Intraday Trend | -1.7% |
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