| ADAP latest price $5.7600 (-3.84%) ($5.7600 - $5.7600) on Tue. Jan. 5, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 6.19% (three month average) |
RSI | 84 |
Latest Price | $5.7600(-3.84%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ADAP advances 2% a day on average for past five trading days. |
Weekly Trend | ADAP advances 11.9% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally 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 -3.095% in a week (0% probabilities). BND(-29%) TLT(-20%) VCIT(-17%) VXX(-12%) VCSH(-11%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | |
| |
Market Trend Strength | -3.095% (StdDev 6.19%) |
Hourly BBV | 0.7 () |
Intraday Trend | 0% |
| |
|
|