| APPS latest price $16.5650 (-2.1%) ($16.5650 - $16.5650) on Wed. Dec. 14, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 9.07% (three month average) |
RSI | 48 |
Latest Price | $16.5650(-2.1%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | APPS advances 1.1% a day on average for past five trading days. |
Weekly Trend | APPS declines -2.2% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support APPS advance at 0% a week (0% probability) BLOK(47%) EWJ(17%) IBB(17%) PEJ(16%) XLE(16%) |
Factors Impacting APPS price | APPS will decline at least -4.535% in a week (0% probabilities). UUP(-12%) UNG(-6%) SHY(-4%) BNDX(-4%) LQD(-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 | -4.535% (StdDev 9.07%) |
Hourly BBV | 0.2 () |
Intraday Trend | 0% |
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