| APPS latest price $13.3600 (6.71%) ($12.2600 - $13.4200) on Thu. Jul. 30, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 5.74% (three month average) |
RSI | 50 |
Latest Price | $13.3600(6.71%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | APPS advances 1.6% a day on average for past five trading days. |
Weekly Trend | APPS declines -0.8% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support APPS advance at 0% a week (0% probability) ARKK(61%) IBUY(61%) IWO(60%) SKYY(60%) IPO(58%) |
Factors Impacting APPS price | APPS will decline at least -2.87% in a week (0% probabilities). VIXM(-31%) UUP(-28%) VXX(-12%) TBT(-11%) EDOC(-3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.87% (StdDev 5.74%) |
Hourly BBV | 0 () |
Intraday Trend | 7.8% |
| |
|
|