| APPS latest price $71.7700 (-2.36%) ($71.3000 - $71.7700) on Wed. Jun. 9, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.97% (three month average) |
RSI | 72 |
Latest Price | $71.7700(-2.36%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | APPS advances 2.1% a day on average for past five trading days. |
Weekly Trend | APPS advances 6.3% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Broad based sell-off 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 -2.485% in a week (0% probabilities). VIXM(-33%) UUP(-31%) VXX(-9%) 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 | -2.485% (StdDev 4.97%) |
Hourly BBV | -0.2 () |
Intraday Trend | 0% |
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