| ADPT latest price $41.7600 (4.33%) ($39.8500 - $41.9000) on Fri. May. 22, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 6.56% (three month average) |
RSI | 76 |
Latest Price | $41.7600(4.33%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ADPT advances 1.9% a day on average for past five trading days. |
Weekly Trend | ADPT advances 8.6% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support ADPT advance at 0% a week (0% probability) ARKG(80%) ARKK(77%) IPO(71%) XBI(69%) IBB(68%) |
Factors Impacting ADPT price | ADPT will decline at least -3.28% in a week (0% probabilities). VIXM(-37%) VXX(-35%) UUP(-23%) TBT(-5%) XLE(-2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -3.28% (StdDev 6.56%) |
Hourly BBV | 3.1 () |
Intraday Trend | 0% |
| |
|
|