| APA latest price $38.1000 (0.63%) ($38.1000 - $38.1750) on Wed. Apr. 5, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.95% (three month average) |
RSI | 70 |
Latest Price | $38.1000(0.63%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | APA advances 1.2% a day on average for past five trading days. |
Weekly Trend | APA advances 5.7% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support APA advance at 0% a week (0% probability) XLE(44%) XOP(44%) VYM(41%) IWD(36%) OIH(36%) |
Factors Impacting APA price | APA will decline at least -1.475% in a week (0% probabilities). VXX(-25%) SHY(-24%) VIXM(-20%) IGOV(-18%) GLD(-12%) |
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 | -1.475% (StdDev 2.95%) |
Hourly BBV | -0.6 () |
Intraday Trend | 0% |
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