| APPS latest price $23.5700 (2.81%) ($23.5700 - $23.5700) on Mon. Aug. 8, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.4% (three month average) |
RSI | 71 |
Latest Price | $23.5700(2.81%) |
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 7.2% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support APPS advance at 0% a week (0% probability) BLOK(56%) SKYY(50%) IBUY(49%) IVW(49%) VUG(49%) |
Factors Impacting APPS price | APPS will decline at least -3.2% in a week (0% probabilities). UUP(-36%) TBT(-18%) VIXM(-15%) VXX(-3%) UNG(3%) |
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 | -3.2% (StdDev 6.4%) |
Hourly BBV | 0.8 () |
Intraday Trend | 0% |
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