| APPS latest price $34.2500 (11.87%) ($30.8800 - $34.7800) on Tue. Nov. 3, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.24% (three month average) |
RSI | 36 |
Latest Price | $34.2500(11.87%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | APPS advances 1.8% a day on average for past five trading days. |
Weekly Trend | APPS declines -9.5% a week on average for past two weeks. |
Market Behavior | Broad based 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(63%) IBUY(63%) SKYY(62%) IWO(61%) ARKG(59%) |
Factors Impacting APPS price | APPS will decline at least -3.12% in a week (0% probabilities). VIXM(-33%) UUP(-30%) VXX(-12%) TBT(-11%) EDOC(-5%) |
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 | -3.12% (StdDev 6.24%) |
Hourly BBV | 1.7 () |
Intraday Trend | 0% |
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