| APPS latest price $35.1900 (7.42%) ($33.1900 - $35.3500) on Thu. Oct. 1, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.8% (three month average) |
RSI | 84 |
Latest Price | $35.1900(7.42%) |
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 6% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support APPS advance at 0% a week (0% probability) ARKK(62%) IBUY(62%) SKYY(62%) IWO(61%) IPO(59%) |
Factors Impacting APPS price | APPS will decline at least -2.9% in a week (0% probabilities). VIXM(-33%) UUP(-30%) VXX(-12%) TBT(-11%) EDOC(-5%) |
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 | -2.9% (StdDev 5.8%) |
Hourly BBV | 1.8 () |
Intraday Trend | 0% |
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