| APPS latest price $54.9050 (8.34%) ($54.9050 - $55.0000) on Tue. Jan. 12, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.68% (three month average) |
RSI | 45 |
Latest Price | $54.9050(8.34%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | APPS advances 1.1% a day on average for past five trading days. |
Weekly Trend | APPS declines -5.4% a week on average for past two weeks. |
Market Behavior | Value 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) IBUY(63%) ARKK(62%) IWO(62%) SKYY(62%) ARKG(59%) |
Factors Impacting APPS price | APPS will decline at least -2.84% in a week (0% probabilities). VIXM(-34%) 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 | -2.84% (StdDev 5.68%) |
Hourly BBV | 2.5 () |
Intraday Trend | 0% |
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