| APA latest price $25.5000 (-2.37%) ($25.4350 - $26.2800) on Mon. Dec. 30, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4% (three month average) |
RSI | 80 |
Latest Price | $25.5000(-2.37%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | APA advances 2.3% a day on average for past five trading days. |
Weekly Trend | APA advances 11.4% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Growth stock sell-off for small cap. |
Correlated ETFs | Broad market will support APA advance at 0% a week (0% probability) EMHY(22%) IYT(19%) VCSH(18%) XLC(18%) XOP(18%) |
Factors Impacting APA price | APA will decline at least -2% 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. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -2% (StdDev 4%) |
Hourly BBV | 0 () |
Intraday Trend | -2.4% |
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