| ADAP latest price $5.8700 (-5.55%) ($5.8700 - $5.8700) on Tue. Jan. 12, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.22% (three month average) |
RSI | 69 |
Latest Price | $5.8700(-5.55%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ADAP advances 0.3% a day on average for past five trading days. |
Weekly Trend | ADAP advances 7% a week on average for past two weeks. |
Market Behavior | Value stock 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(66%) BLOK(38%) ARKG(36%) XBI(35%) EWI(32%) |
Factors Impacting ADAP price | ADAP will decline at least -3.11% in a week (0% probabilities). BND(-37%) VCSH(-21%) TLT(-21%) VCIT(-18%) VXX(-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 | -1.7 () |
Intraday Trend | 0% |
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