| APA latest price $11.2800 (-13.76%) ($11.1100 - $12.7600) on Fri. May. 1, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 12.12% (three month average) |
RSI | 70 |
Latest Price | $11.2800(-13.76%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | APA advances 1% a day on average for past five trading days. |
Weekly Trend | APA advances 20.9% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support APA advance at 0% a week (0% probability) XOP(79%) XLE(76%) OIH(75%) IWN(54%) XME(54%) |
Factors Impacting APA price | APA will decline at least -6.06% in a week (0% probabilities). VIXM(-34%) UUP(-18%) TLT(-18%) VXX(-11%) BNDX(-6%) |
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 | -6.06% (StdDev 12.12%) |
Hourly BBV | 0 () |
Intraday Trend | -9.2% |
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