| APA latest price $10.1400 (5.96%) ($9.5100 - $10.1500) on Thu. Oct. 8, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.56% (three month average) |
RSI | 30 |
Latest Price | $10.1400(5.96%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | APA advances 1.7% a day on average for past five trading days. |
Weekly Trend | APA declines -9% 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(77%) XLE(75%) OIH(73%) XME(52%) USO(50%) |
Factors Impacting APA price | APA will decline at least -2.28% in a week (0% probabilities). VIXM(-30%) 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 | -2.28% (StdDev 4.56%) |
Hourly BBV | 0 () |
Intraday Trend | 4.2% |
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