| APPS latest price $11.2850 (7.43%) ($11.2850 - $11.2850) on Thu. Jul. 13, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 6.54% (three month average) |
RSI | 79 |
Latest Price | $11.2850(7.43%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | APPS advances 4.3% a day on average for past five trading days. |
Weekly Trend | APPS advances 10.3% 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) GLD(73%) ARKK(72%) BLOK(71%) IBUY(71%) IVE(70%) |
Factors Impacting APPS price | APPS will decline at least -3.27% in a week (0% probabilities). UUP(-50%) VXX(-39%) VIXM(-36%) TBT(-32%) UNG(-15%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -3.27% (StdDev 6.54%) |
Hourly BBV | 1.3 () |
Intraday Trend | 0% |
| |
|
|