| APPS latest price $36.5500 (2.76%) ($34.8300 - $36.7600) on Wed. Oct. 7, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.72% (three month average) |
RSI | 66 |
Latest Price | $36.5500(2.76%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | APPS advances 2.2% a day on average for past five trading days. |
Weekly Trend | APPS advances 5% 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(63%) ARKK(62%) SKYY(62%) IWO(61%) IPO(59%) |
Factors Impacting APPS price | APPS will decline at least -2.86% 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 | -2.86% (StdDev 5.72%) |
Hourly BBV | 1.2 () |
Intraday Trend | 0% |
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