| ADAP latest price $5.9900 (11.55%) ($5.9900 - $5.9900) on Mon. Jan. 4, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.22% (three month average) |
RSI | 89 |
Latest Price | $5.9900(11.55%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ADAP advances 2.8% a day on average for past five trading days. |
Weekly Trend | ADAP advances 13% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support ADAP advance at 0% a week (0% probability) IGOV(59%) BLOK(39%) ARKG(36%) XBI(35%) EWI(32%) |
Factors Impacting ADAP price | ADAP will decline at least -3.11% in a week (0% probabilities). BND(-29%) TLT(-19%) VCIT(-17%) VXX(-12%) VCSH(-11%) |
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 | -3.11% (StdDev 6.22%) |
Hourly BBV | 2 () |
Intraday Trend | 0% |
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