| APPS latest price $42.2900 (1.05%) ($40.3100 - $43.5710) on Fri. Nov. 6, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.3% (three month average) |
RSI | 58 |
Latest Price | $42.2900(1.05%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | APPS advances 7.9% a day on average for past five trading days. |
Weekly Trend | APPS advances 5.1% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based sell-off 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 -2.65% 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 | -2.65% (StdDev 5.3%) |
Hourly BBV | 0.8 () |
Intraday Trend | 0% |
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