| APPS latest price $12.2500 (-0.53%) ($12.2500 - $12.2500) on Mon. Apr. 3, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.86% (three month average) |
RSI | 70 |
Latest Price | $12.2500(-0.53%) |
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 8% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support APPS advance at 0% a week (0% probability) ARKK(49%) ARKG(41%) ACES(33%) BLOK(33%) IWC(33%) |
Factors Impacting APPS price | APPS will decline at least -2.43% in a week (0% probabilities). VIXM(-15%) VXX(-13%) SMH(-12%) UUP(-9%) SKYY(-9%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.43% (StdDev 4.86%) |
Hourly BBV | 0 () |
Intraday Trend | 0% |
| |
|
|