| APA latest price $39.0950 (2.64%) ($39.0950 - $39.0950) on Mon. Apr. 10, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.97% (three month average) |
RSI | 76 |
Latest Price | $39.0950(2.64%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | APA advances 1.7% a day on average for past five trading days. |
Weekly Trend | APA advances 6.2% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support APA advance at 0% a week (0% probability) XLE(43%) XOP(43%) VYM(40%) IWD(36%) OIH(35%) |
Factors Impacting APA price | APA will decline at least -1.485% in a week (0% probabilities). VXX(-24%) SHY(-23%) VIXM(-19%) IGOV(-17%) GLD(-11%) |
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 | -1.485% (StdDev 2.97%) |
Hourly BBV | 1.4 () |
Intraday Trend | 0% |
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