| APPN latest price $53.2700 (1.58%) ($51.5050 - $53.4500) on Thu. Jun. 15, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.14% (three month average) |
RSI | 86 |
Latest Price | $53.2700(1.58%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | APPN advances 2.1% a day on average for past five trading days. |
Weekly Trend | APPN advances 10.8% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support APPN advance at 0% a week (0% probability) ARKK(64%) BOTZ(58%) ARKG(53%) ACES(52%) BLOK(46%) |
Factors Impacting APPN price | APPN will decline at least -1.57% in a week (0% probabilities). EWP(-10%) XLU(-9%) SHY(-9%) VCSH(-8%) LQD(-8%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.57% (StdDev 3.14%) |
Hourly BBV | 0.1 () |
Intraday Trend | 2.8% |
| |
|
|