| APPN latest price $49.4500 (-7.1%) ($47.0000 - $50.5000) on Fri. May. 8, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.9% (three month average) |
RSI | 61 |
Latest Price | $49.4500(-7.1%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | APPN advances 3.1% a day on average for past five trading days. |
Weekly Trend | APPN advances 8% 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 APPN advance at 0% a week (0% probability) ARKK(62%) SKYY(54%) IPO(51%) BOTZ(50%) IBUY(50%) |
Factors Impacting APPN price | APPN will decline at least -3.45% in a week (0% probabilities). VIXM(-26%) UUP(-12%) VXX(-7%) TBT(-7%) UNG(-4%) |
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 | -3.45% (StdDev 6.9%) |
Hourly BBV | 0 () |
Intraday Trend | -0.6% |
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