| ADAP latest price $9.3100 (-6.24%) ($9.0500 - $9.9200) on Thu. Jul. 23, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 16.91% (three month average) |
RSI | 44 |
Latest Price | $9.3100(-6.24%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ADAP advances 1.6% a day on average for past five trading days. |
Weekly Trend | ADAP declines -0.9% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support ADAP advance at 0% a week (0% probability) DRIV(23%) IBB(19%) SDY(19%) IWC(23%) XBI(23%) |
Factors Impacting ADAP price | ADAP will decline at least -8.455% in a week (0% probabilities). TLT(-13%) BNDX(-11%) VXX(-9%) TIP(-8%) 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 | -5.3% |
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