| APPS latest price $41.8500 (12.14%) ($38.7700 - $42.2370) on Thu. Nov. 5, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.42% (three month average) |
RSI | 53 |
Latest Price | $41.8500(12.14%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | APPS advances 6.1% a day on average for past five trading days. |
Weekly Trend | APPS declines -0.7% 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) IBUY(63%) ARKK(62%) SKYY(62%) IWO(61%) ARKG(59%) |
Factors Impacting APPS price | APPS will decline at least -3.21% in a week (0% probabilities). VIXM(-33%) UUP(-30%) VXX(-12%) TBT(-11%) EDOC(-6%) |
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 | -3.21% (StdDev 6.42%) |
Hourly BBV | 1.5 () |
Intraday Trend | 0% |
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