| APA latest price $21.2800 (1.67%) ($20.8600 - $21.4750) on Wed. Dec. 11, 2019. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.05% (three month average) |
RSI | 42 |
Latest Price | $21.2800(1.67%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | APA advances 2.6% a day on average for past five trading days. |
Weekly Trend | APA declines -6.3% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support APA advance at 0% a week (0% probability) EMHY(22%) IYT(19%) XOP(19%) XLC(18%) DIA(17%) |
Factors Impacting APA price | APA will decline at least -2.025% in a week (0% probabilities). VIXM(-11%) BWX(-11%) TLT(-9%) VXX(-7%) UNG(-2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.025% (StdDev 4.05%) |
Hourly BBV | 0 () |
Intraday Trend | 1.4% |
| |
|
|