| APA latest price $38.1000 (5.05%) ($36.3300 - $38.3600) on Wed. Mar. 21, 2018. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.39% (three month average) |
RSI | 77 |
Latest Price | $38.1000(5.05%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | APA advances 1.4% a day on average for past five trading days. |
Weekly Trend | APA advances 2.1% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support APA advance at 0% a week (0% probability) XOP(28%) OIH(24%) IYT(23%) EMHY(22%) XLE(22%) |
Factors Impacting APA price | APA will decline at least -1.195% in a week (0% probabilities). VIXM(-15%) TLT(-11%) BWX(-10%) UUP(-7%) VXX(-2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.195% (StdDev 2.39%) |
Hourly BBV | 0 () |
Intraday Trend | 4.5% |
| |
|
|