| APA latest price $42.5250 (4.97%) ($42.5250 - $42.5250) on Tue. May. 3, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.93% (three month average) |
RSI | 51 |
Latest Price | $42.5250(4.97%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | APA advances 1.9% a day on average for past five trading days. |
Weekly Trend | APA declines -2.8% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support APA advance at 0% a week (0% probability) OIH(61%) XOP(61%) XLE(60%) VFMO(47%) USO(44%) |
Factors Impacting APA price | APA will decline at least -1.465% in a week (0% probabilities). VIXM(-27%) UUP(-21%) TLT(-9%) BNDX(-4%) VXX(-2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.465% (StdDev 2.93%) |
Hourly BBV | 1.3 () |
Intraday Trend | 0% |
| |
|
|