| APPS latest price $39.8600 (4.15%) ($37.8700 - $40.2200) on Tue. Oct. 13, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.64% (three month average) |
RSI | 71 |
Latest Price | $39.8600(4.15%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | APPS advances 2.4% a day on average for past five trading days. |
Weekly Trend | APPS advances 8.9% a week on average for past two weeks. |
Market Behavior | Broad based 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) IBUY(63%) ARKK(62%) SKYY(62%) IWO(61%) IPO(59%) |
Factors Impacting APPS price | APPS will decline at least -2.82% in a week (0% probabilities). VIXM(-33%) UUP(-30%) VXX(-12%) TBT(-11%) IGOV(-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 | -2.82% (StdDev 5.64%) |
Hourly BBV | 1.7 () |
Intraday Trend | 0% |
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