| APPS latest price $26.5850 (2.53%) ($25.6300 - $26.8500) on Tue. Aug. 18, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.53% (three month average) |
RSI | 98 |
Latest Price | $26.5850(2.53%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | APPS advances 2.9% a day on average for past five trading days. |
Weekly Trend | APPS advances 31% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support APPS advance at 0% a week (0% probability) ARKK(62%) IBUY(62%) IWO(61%) SKYY(61%) IPO(59%) |
Factors Impacting APPS price | APPS will decline at least -3.265% in a week (0% probabilities). VIXM(-32%) UUP(-29%) 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 | -3.265% (StdDev 6.53%) |
Hourly BBV | 1.4 () |
Intraday Trend | 0% |
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