| APPS latest price $13.2200 (2.8%) ($12.7000 - $13.2400) on Fri. Jul. 10, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 5.83% (three month average) |
RSI | 82 |
Latest Price | $13.2200(2.8%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | APPS advances 0.5% a day on average for past five trading days. |
Weekly Trend | APPS advances 8% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support APPS advance at 0% a week (0% probability) ARKK(61%) IBUY(61%) IWO(60%) SKYY(60%) IPO(58%) |
Factors Impacting APPS price | APPS will decline at least -2.915% in a week (0% probabilities). VIXM(-32%) UUP(-28%) VXX(-12%) TBT(-11%) IGOV(-4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.915% (StdDev 5.83%) |
Hourly BBV | 0 () |
Intraday Trend | 3.4% |
| |
|
|