| APA latest price $56.6100 (2.7%) ($55.2100 - $58.2100) on Wed. May. 18, 2016. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.71% (three month average) |
RSI | 52 |
Latest Price | $56.6100(2.7%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | APA advances 1% a day on average for past five trading days. |
Weekly Trend | APA advances 1.4% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support APA advance at 0% a week (0% probability) XOP(32%) OIH(28%) XLE(26%) IYT(24%) USO(24%) |
Factors Impacting APA price | APA will decline at least -1.355% in a week (0% probabilities). VIXM(-16%) TLT(-11%) BWX(-9%) UUP(-7%) IGOV(-2%) |
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 | -1.355% (StdDev 2.71%) |
Hourly BBV | 0 () |
Intraday Trend | -1.9% |
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