| ADPT latest price $39.8700 (-0.93%) ($39.5600 - $40.7700) on Wed. Aug. 5, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.44% (three month average) |
RSI | 49 |
Latest Price | $39.8700(-0.93%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ADPT advances 0.8% a day on average for past five trading days. |
Weekly Trend | ADPT declines -0.3% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based 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 -1.72% 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 | -1.72% (StdDev 3.44%) |
Hourly BBV | -0 () |
Intraday Trend | 0% |
| |
|
|