| APPS latest price $24.7400 (-1.38%) ($24.0500 - $25.5500) on Fri. Aug. 14, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.57% (three month average) |
RSI | 93 |
Latest Price | $24.7400(-1.38%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | APPS advances 1.8% a day on average for past five trading days. |
Weekly Trend | APPS advances 35.6% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Growth stock sell-off 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 -3.285% in a week (0% probabilities). VIXM(-31%) UUP(-28%) VXX(-12%) TBT(-11%) EDOC(-3%) |
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 | -3.285% (StdDev 6.57%) |
Hourly BBV | -0.4 () |
Intraday Trend | 0% |
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