| APPS latest price $15.5400 (4.44%) ($14.8000 - $15.7400) on Tue. Aug. 4, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.62% (three month average) |
RSI | 68 |
Latest Price | $15.5400(4.44%) |
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 5.1% a week on average for past two weeks. |
Market Behavior | Value stock 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 -2.81% in a week (0% probabilities). VIXM(-31%) UUP(-28%) VXX(-12%) TBT(-11%) EDOC(-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 | -2.81% (StdDev 5.62%) |
Hourly BBV | 0 () |
Intraday Trend | 2.2% |
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