| ADAP latest price $9.5600 (5.52%) ($9.0900 - $10.0900) on Tue. Jul. 21, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 16.91% (three month average) |
RSI | 42 |
Latest Price | $9.5600(5.52%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ADAP advances 2.4% a day on average for past five trading days. |
Weekly Trend | ADAP declines -4.5% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support ADAP advance at 0% a week (0% probability) XBI(24%) DRIV(23%) IWC(23%) XLRE(23%) IBB(19%) |
Factors Impacting ADAP price | ADAP will decline at least -8.455% in a week (0% probabilities). TLT(-13%) VXX(-10%) BNDX(-10%) TIP(-9%) BND(-8%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | |
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Market Trend Strength | -8.455% (StdDev 16.91%) |
Hourly BBV | 0 () |
Intraday Trend | 3.9% |
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