| APPS latest price $81.2750 (8.17%) ($81.2750 - $81.2750) on Wed. Mar. 31, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 7.48% (three month average) |
RSI | 46 |
Latest Price | $81.2750(8.17%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | APPS advances 2.3% a day on average for past five trading days. |
Weekly Trend | APPS declines -5.1% a week on average for past two weeks. |
Market Behavior | Rotation from value to growth for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support APPS advance at 0% a week (0% probability) ARKK(62%) IBUY(62%) IWO(61%) SKYY(61%) BLOK(59%) |
Factors Impacting APPS price | APPS will decline at least -3.74% in a week (0% probabilities). VIXM(-33%) UUP(-30%) VXX(-10%) IGOV(-10%) TBT(-9%) |
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 | -3.74% (StdDev 7.48%) |
Hourly BBV | 1.7 () |
Intraday Trend | 0% |
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