| APA latest price $12.4500 (4.8%) ($12.0500 - $12.5400) on Fri. May. 8, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 12.16% (three month average) |
RSI | 78 |
Latest Price | $12.4500(4.8%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | APA advances 2.1% a day on average for past five trading days. |
Weekly Trend | APA advances 10.7% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally 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 -6.08% 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 | -6.08% (StdDev 12.16%) |
Hourly BBV | 0 () |
Intraday Trend | 1.6% |
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