| APPS latest price $36.5450 (-13.58%) ($36.5000 - $42.6300) on Mon. Nov. 9, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 5.57% (three month average) |
RSI | 52 |
Latest Price | $36.5450(-13.58%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | APPS advances 3.2% a day on average for past five trading days. |
Weekly Trend | APPS advances 8.5% 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) IBUY(63%) ARKK(62%) SKYY(62%) IWO(61%) ARKG(59%) |
Factors Impacting APPS price | APPS will decline at least -2.785% 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. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.785% (StdDev 5.57%) |
Hourly BBV | -1.8 () |
Intraday Trend | 0% |
| |
|
|