| APPS latest price $67.5650 (2.34%) ($67.5650 - $67.5650) on Tue. Jun. 1, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.83% (three month average) |
RSI | 58 |
Latest Price | $67.5650(2.34%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | APPS advances 1.2% a day on average for past five trading days. |
Weekly Trend | APPS advances 5.4% 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(62%) ARKK(61%) SKYY(61%) IWO(60%) BLOK(59%) |
Factors Impacting APPS price | APPS will decline at least -2.915% in a week (0% probabilities). VIXM(-33%) UUP(-31%) VXX(-10%) TBT(-9%) IGOV(-3%) |
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 | -2.915% (StdDev 5.83%) |
Hourly BBV | 1.8 () |
Intraday Trend | 0% |
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