| APPS latest price $25.0850 (3.83%) ($24.2300 - $26.2920) on Thu. Aug. 13, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.55% (three month average) |
RSI | 95 |
Latest Price | $25.0850(3.83%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | APPS advances 3.4% a day on average for past five trading days. |
Weekly Trend | APPS advances 38.5% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Rotation from value to growth for small cap. |
Correlated ETFs | Broad market will support APPS advance at 0% a week (0% probability) ARKK(61%) IBUY(61%) IWO(60%) SKYY(59%) IPO(58%) |
Factors Impacting APPS price | APPS will decline at least -3.275% in a week (0% probabilities). VIXM(-31%) UUP(-28%) VXX(-12%) TBT(-11%) EDOC(-2%) |
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 | -3.275% (StdDev 6.55%) |
Hourly BBV | 0.6 () |
Intraday Trend | 0% |
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