| APPS latest price $20.3600 (7.81%) ($20.3600 - $20.4200) on Mon. Sep. 12, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.83% (three month average) |
RSI | 42 |
Latest Price | $20.3600(7.81%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | APPS advances 3.1% a day on average for past five trading days. |
Weekly Trend | APPS declines -6.2% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support APPS advance at 0% a week (0% probability) BLOK(55%) SKYY(48%) IVW(47%) VUG(47%) IBUY(46%) |
Factors Impacting APPS price | APPS will decline at least -2.415% in a week (0% probabilities). UUP(-36%) TBT(-18%) VIXM(-12%) VXX(-3%) UNG(3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.415% (StdDev 4.83%) |
Hourly BBV | 1.7 () |
Intraday Trend | 0% |
| |
|
|