Momentum Indicator for AAPD turns negative, indicating new downward trend
AAPD saw its Momentum Indicator move below the 0 level on November 14, 2024. This is an indication that the stock could be shifting in to a new downward move. Traders may want to consider selling the stock or exploring put options. Tickeron's A.I.dvisor looked at 30 similar instances where the indicator turned negative. In of the 30 cases, the stock moved further down in the following days. The odds of a decline are at .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Moving Average Convergence Divergence Histogram (MACD) for AAPD turned negative on November 19, 2024. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 22 similar instances when the indicator turned negative. In of the 22 cases the stock turned lower in the days that followed. This puts the odds of success at .
AAPD moved below its 50-day moving average on November 18, 2024 date and that indicates a change from an upward trend to a downward trend.
The 10-day moving average for AAPD crossed bearishly below the 50-day moving average on November 26, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In of 7 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where AAPD declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Aroon Indicator for AAPD entered a downward trend on December 17, 2024. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
Bullish Trend Analysis
The RSI Indicator shows that the ticker has stayed in the oversold zone for 12 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an Uptrend is expected.
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 21 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.
AAPD may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
General Information
Category Trading
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| SSMHX | 353.36 | N/A | N/A |
| State Street Small/Mid Cap Equity Index | |||
| ICPAX | 5.86 | -0.03 | -0.51% |
| Integrity Mid-North American Resources A | |||
| THOCX | 35.36 | -0.27 | -0.76% |
| Thornburg Global Opportunities C | |||
| LAMSX | 23.15 | -1.15 | -4.73% |
| Lord Abbett Dividend Growth R4 | |||
| LRSVX | 22.08 | -2.07 | -8.55% |
| Lord Abbett Small Cap Value R6 | |||
AAPD and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, AAPD has been loosely correlated with SPXS. These tickers have moved in lockstep 61% of the time. This A.I.-generated data suggests there is some statistical probability that if AAPD jumps, then SPXS could also see price increases.
| Ticker / NAME | Correlation To AAPD | 1D Price Change % | ||
|---|---|---|---|---|
| AAPD | 100% | -0.91% | ||
| SPXS - AAPD | 61% Loosely correlated | +1.22% | ||
| SQQQ - AAPD | 60% Loosely correlated | +1.34% | ||
| SDS - AAPD | 56% Loosely correlated | +0.90% | ||
| SH - AAPD | 56% Loosely correlated | +0.46% | ||
| TZA - AAPD | 32% Poorly correlated | +3.51% | ||
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