| ADAP latest price $8.8400 (10.36%) ($8.0500 - $8.8500) on Mon. Aug. 17, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 16.48% (three month average) |
RSI | 48 |
Latest Price | $8.8400(10.36%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ADAP advances 1.4% a day on average for past five trading days. |
Weekly Trend | ADAP declines -5.1% 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 ADAP advance at 0% a week (0% probability) XBI(25%) IWC(24%) XLRE(24%) DRIV(23%) IWM(22%) |
Factors Impacting ADAP price | ADAP will decline at least -8.24% in a week (0% probabilities). TLT(-11%) BNDX(-11%) VXX(-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 | -8.24% (StdDev 16.48%) |
Hourly BBV | 0 () |
Intraday Trend | 9.5% |
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