| ADAP latest price $6.5800 (-2.73%) ($6.5800 - $6.5800) on Thu. Feb. 11, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.49% (three month average) |
RSI | 68 |
Latest Price | $6.5800(-2.73%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ADAP advances 2.3% a day on average for past five trading days. |
Weekly Trend | ADAP advances 10% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support ADAP advance at 0% a week (0% probability) VIXM(63%) IFRA(45%) IVE(44%) EWI(39%) PAVE(39%) |
Factors Impacting ADAP price | ADAP will decline at least -2.245% in a week (0% probabilities). TLT(-32%) UUP(-19%) VCIT(-18%) VXX(-16%) LQD(-7%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | |
| |
Market Trend Strength | -2.245% (StdDev 4.49%) |
Hourly BBV | -2.1 () |
Intraday Trend | 0% |
| |
|
|