| APPS latest price $24.2100 (-3.08%) ($23.4200 - $25.5500) on Fri. Sep. 11, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.47% (three month average) |
RSI | 38 |
Latest Price | $24.2100(-3.08%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | APPS advances 0.1% a day on average for past five trading days. |
Weekly Trend | APPS declines -1.3% a week on average for past two weeks. |
Market Behavior | Value stock rally 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(62%) IBUY(62%) SKYY(62%) IWO(61%) IPO(59%) |
Factors Impacting APPS price | APPS will decline at least -2.735% in a week (0% probabilities). VIXM(-32%) UUP(-29%) VXX(-12%) TBT(-11%) IGOV(-4%) |
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 | -2.735% (StdDev 5.47%) |
Hourly BBV | -1.1 () |
Intraday Trend | 0% |
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