| APPS latest price $40.4100 (3.72%) ($38.6100 - $40.9060) on Fri. Nov. 27, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.69% (three month average) |
RSI | 46 |
Latest Price | $40.4100(3.72%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | APPS advances 1.5% a day on average for past five trading days. |
Weekly Trend | APPS advances 4.3% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Growth stock 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 -2.845% in a week (0% probabilities). VIXM(-33%) UUP(-29%) VXX(-12%) TBT(-10%) EDOC(-8%) |
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 | -2.845% (StdDev 5.69%) |
Hourly BBV | -2.4 () |
Intraday Trend | 0% |
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