| APPS latest price $32.2550 (12.43%) ($28.9000 - $32.3700) on Wed. Sep. 16, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.72% (three month average) |
RSI | 71 |
Latest Price | $32.2550(12.43%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | APPS advances 5.6% a day on average for past five trading days. |
Weekly Trend | APPS advances 6.1% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value 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 -2.86% 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 | -2.86% (StdDev 5.72%) |
Hourly BBV | 1.3 () |
Intraday Trend | 0% |
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