| APPS latest price $13.2800 (3.91%) ($12.7800 - $13.4300) on Mon. Jul. 20, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.83% (three month average) |
RSI | 66 |
Latest Price | $13.2800(3.91%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | APPS advances 1.6% a day on average for past five trading days. |
Weekly Trend | APPS advances 0.7% a week on average for past two weeks. |
Market Behavior | Rotation from value to growth for large cap. Value stock 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 -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. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -2.915% (StdDev 5.83%) |
Hourly BBV | 0 () |
Intraday Trend | 3.9% |
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