| APPS latest price $11.0450 (2.27%) ($11.0450 - $11.0450) on Fri. Mar. 3, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.76% (three month average) |
RSI | 36 |
Latest Price | $11.0450(2.27%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | APPS advances 0.3% a day on average for past five trading days. |
Weekly Trend | APPS declines -7.8% 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) ARKK(51%) ARKG(45%) BLOK(37%) IWC(36%) ACES(35%) |
Factors Impacting APPS price | APPS will decline at least -2.38% in a week (0% probabilities). VIXM(-17%) SMH(-9%) VXX(-7%) UUP(-7%) SHY(-7%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.38% (StdDev 4.76%) |
Hourly BBV | 1.1 () |
Intraday Trend | 0% |
| |
|
|