| APPS latest price $26.9200 (11.19%) ($24.1400 - $27.9200) on Tue. Sep. 1, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.8% (three month average) |
RSI | 61 |
Latest Price | $26.9200(11.19%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | APPS advances 2.1% a day on average for past five trading days. |
Weekly Trend | APPS declines -2.3% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Broad based rally 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 -3.4% 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 | -3.4% (StdDev 6.8%) |
Hourly BBV | 1.5 () |
Intraday Trend | 0% |
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