| APPS latest price $57.2100 (-4.07%) ($57.2100 - $57.2100) on Wed. Dec. 23, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.47% (three month average) |
RSI | 81 |
Latest Price | $57.2100(-4.07%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | APPS advances 3% a day on average for past five trading days. |
Weekly Trend | APPS advances 16.7% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support APPS advance at 0% a week (0% probability) IBUY(63%) ARKK(62%) IWO(62%) SKYY(62%) IPO(59%) |
Factors Impacting APPS price | APPS will decline at least -2.735% in a week (0% probabilities). VIXM(-33%) UUP(-30%) VXX(-12%) TBT(-10%) IGOV(-1%) |
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 | -2.735% (StdDev 5.47%) |
Hourly BBV | -0.9 () |
Intraday Trend | 0% |
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