| APPS latest price $24.1250 (-8.63%) ($23.1200 - $26.1500) on Thu. Sep. 3, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.87% (three month average) |
RSI | 51 |
Latest Price | $24.1250(-8.63%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | APPS advances 1.1% a day on average for past five trading days. |
Weekly Trend | APPS declines -2.8% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based 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 -2.935% 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 | -2.935% (StdDev 5.87%) |
Hourly BBV | -1.4 () |
Intraday Trend | 0% |
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