| APPS latest price $64.3900 (11.09%) ($64.3900 - $64.3900) on Wed. Jan. 20, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.81% (three month average) |
RSI | 64 |
Latest Price | $64.3900(11.09%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | APPS advances 3.3% a day on average for past five trading days. |
Weekly Trend | APPS advances 5.2% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Growth 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%) ARKG(59%) |
Factors Impacting APPS price | APPS will decline at least -2.905% 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 | -2.905% (StdDev 5.81%) |
Hourly BBV | 1.7 () |
Intraday Trend | 0% |
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