| APA latest price $15.3500 (-4.12%) ($15.1650 - $16.1200) on Fri. Jul. 31, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.31% (three month average) |
RSI | 69 |
Latest Price | $15.3500(-4.12%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | APA advances 1.6% a day on average for past five trading days. |
Weekly Trend | APA advances 3.5% a week on average for past two weeks. |
Market Behavior | Growth stock rally 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(76%) XLE(73%) OIH(71%) XME(51%) USO(49%) |
Factors Impacting APA price | APA will decline at least -3.155% in a week (0% probabilities). VIXM(-29%) UUP(-17%) 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 | -3.155% (StdDev 6.31%) |
Hourly BBV | 0 () |
Intraday Trend | -3.7% |
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