| APPS latest price $81.7800 (-0.61%) ($81.7800 - $81.7800) on Mon. Apr. 5, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 7.4% (three month average) |
RSI | 49 |
Latest Price | $81.7800(-0.61%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | APPS advances 1.7% a day on average for past five trading days. |
Weekly Trend | APPS declines -1.5% 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(62%) ARKK(61%) IWO(61%) SKYY(61%) BLOK(59%) |
Factors Impacting APPS price | APPS will decline at least -3.7% in a week (0% probabilities). VIXM(-32%) UUP(-30%) VXX(-10%) IGOV(-10%) TBT(-9%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -3.7% (StdDev 7.4%) |
Hourly BBV | -0.1 () |
Intraday Trend | 0% |
| |
|
|