| ADAP latest price $8.7800 (-2.34%) ($8.6500 - $9.0400) on Thu. Aug. 20, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 16.43% (three month average) |
RSI | 41 |
Latest Price | $8.7800(-2.34%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ADAP advances 2.1% a day on average for past five trading days. |
Weekly Trend | ADAP declines -0.4% a week on average for past two weeks. |
Market Behavior | Rotation from value to growth for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support ADAP advance at 0% a week (0% probability) IWC(24%) XLRE(24%) DRIV(23%) IWM(22%) IBB(21%) |
Factors Impacting ADAP price | ADAP will decline at least -8.215% in a week (0% probabilities). BNDX(-12%) TLT(-11%) VXX(-9%) 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 | -8.215% (StdDev 16.43%) |
Hourly BBV | 0 () |
Intraday Trend | -1.5% |
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