| APPN latest price $38.7350 (0.87%) ($38.7350 - $38.7350) on Mon. Dec. 18, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.73% (three month average) |
RSI | 70 |
Latest Price | $38.7350(0.87%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | APPN advances 1.2% a day on average for past five trading days. |
Weekly Trend | APPN advances 1% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support APPN advance at 0% a week (0% probability) UNG(88%) BOTZ(83%) XLY(80%) INDA(76%) SKYY(75%) |
Factors Impacting APPN price | APPN will decline at least -1.365% in a week (0% probabilities). LQD(12%) BND(13%) TIP(15%) BNDX(20%) EDOC(-76%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.365% (StdDev 2.73%) |
Hourly BBV | 1.3 () |
Intraday Trend | 0% |
| |
|
|