| APA latest price $14.5100 (-2.62%) ($14.1100 - $14.6700) on Wed. Jul. 22, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.86% (three month average) |
RSI | 60 |
Latest Price | $14.5100(-2.62%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | APA advances 0.9% a day on average for past five trading days. |
Weekly Trend | APA advances 3.8% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Normal 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 -3.43% in a week (0% probabilities). VIXM(-29%) UUP(-18%) TLT(-15%) 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 | -3.43% (StdDev 6.86%) |
Hourly BBV | 0 () |
Intraday Trend | 0.2% |
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