| APPS latest price $11.7500 (6.72%) ($10.7600 - $11.9200) on Thu. Jun. 25, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.08% (three month average) |
RSI | 65 |
Latest Price | $11.7500(6.72%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | APPS advances 3.1% a day on average for past five trading days. |
Weekly Trend | APPS advances 7.8% 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 APPS advance at 0% a week (0% probability) IBUY(62%) ARKK(61%) IWO(60%) SKYY(60%) IPO(58%) |
Factors Impacting APPS price | APPS will decline at least -3.04% in a week (0% probabilities). VIXM(-32%) UUP(-28%) VXX(-12%) TBT(-10%) IGOV(-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 | -3.04% (StdDev 6.08%) |
Hourly BBV | 0 () |
Intraday Trend | 5.1% |
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