| ADPT latest price $45.8100 (-5%) ($45.7100 - $48.8400) on Thu. Sep. 24, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.4% (three month average) |
RSI | 78 |
Latest Price | $45.8100(-5%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ADPT advances 0.4% a day on average for past five trading days. |
Weekly Trend | ADPT advances 11.8% 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(81%) ARKK(78%) IPO(73%) IBB(70%) XBI(70%) |
Factors Impacting ADPT price | ADPT will decline at least -1.7% in a week (0% probabilities). VIXM(-40%) VXX(-35%) UUP(-22%) TBT(-6%) USO(-5%) |
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 | -3.1 () |
Intraday Trend | 0% |
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