| ADPT latest price $40.2450 (2.12%) ($38.8700 - $40.5900) on Tue. Aug. 4, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.43% (three month average) |
RSI | 37 |
Latest Price | $40.2450(2.12%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ADPT advances 1.5% a day on average for past five trading days. |
Weekly Trend | ADPT declines -2% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support ADPT advance at 0% a week (0% probability) ARKG(81%) ARKK(78%) IPO(72%) IBB(69%) XBI(69%) |
Factors Impacting ADPT price | ADPT will decline at least -1.715% in a week (0% probabilities). VIXM(-39%) VXX(-36%) UUP(-23%) TBT(-6%) USO(-4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.715% (StdDev 3.43%) |
Hourly BBV | 1.2 () |
Intraday Trend | 0% |
| |
|
|