| ADPT latest price $38.2100 (-4.81%) ($37.7700 - $40.1500) on Fri. Aug. 7, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.4% (three month average) |
RSI | 42 |
Latest Price | $38.2100(-4.81%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ADPT advances 0.5% a day on average for past five trading days. |
Weekly Trend | ADPT advances 2.1% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value 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 -1.7% 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. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -1.7% (StdDev 3.4%) |
Hourly BBV | -1.8 () |
Intraday Trend | 0% |
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