| ADAP latest price $5.6350 (-2.17%) ($5.6350 - $5.6350) on Wed. Jan. 6, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.19% (three month average) |
RSI | 81 |
Latest Price | $5.6350(-2.17%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ADAP advances 1.6% a day on average for past five trading days. |
Weekly Trend | ADAP advances 10.9% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value 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(-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 | -3.095% (StdDev 6.19%) |
Hourly BBV | -1.2 () |
Intraday Trend | 0% |
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