| APA latest price $13.5100 (7.91%) ($12.2800 - $13.5200) on Tue. Jul. 14, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 7.05% (three month average) |
RSI | 46 |
Latest Price | $13.5100(7.91%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | APA advances 1.2% a day on average for past five trading days. |
Weekly Trend | APA declines -2.7% 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(76%) XLE(73%) OIH(72%) XME(51%) USO(49%) |
Factors Impacting APA price | APA will decline at least -3.525% in a week (0% probabilities). VIXM(-29%) UUP(-18%) TLT(-16%) VXX(-9%) 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 | -3.525% (StdDev 7.05%) |
Hourly BBV | 0 () |
Intraday Trend | 8.2% |
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