We assign a technical rating of 5 out of 10 to AAPB. AAPB has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
AAPB has an average technical rating and the quality of the presented setup is also not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
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18.65
We found 5 important support areas.
- A support zone ranging from 32.52 to 33.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @24.79 from a trend line in the daily time frame.
- Support @20.99 from a trend line in the weekly time frame.
- Support @19.56 from a trend line in the weekly time frame.
- Support @18.84 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 34.81 to 35.38. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for AAPB is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for AAPB is neutral. |
| ChartMill Relative Strength | 54.91 | NEUTRAL | AAPB is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AAPB is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AAPB is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AAPB is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 48.27 | NEUTRAL | The RSI value for AAPB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.23 | NEGATIVE | The MACD value suggests AAPB has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 40.22 | NEUTRAL | The Stochastics value for AAPB is a neutral value. |
| Average True Range in percent/ATR (20) | 2.98 | MEDIUM VOLATILITY | The ATR as a percentage value for AAPB suggests some volalility. |
| Average Directional Index/ADX (14) | 20.2 | NEUTRAL | The ADX value for AAPB suggests a possible start of a new trend. |
33.89
-0.13 (-0.38%)
GRANITESHARES 2X LONG AAPL D / AAPB FAQ
What is the technical rating for AAPB stock?
ChartMill assigns a technical rating of 5 / 10 to AAPB.
What is the current trend direction of GRANITESHARES 2X LONG AAPL D (AAPB) stock?
The current trend direction for GRANITESHARES 2X LONG AAPL D (AAPB) is Bullish.
What is the RSI signal for AAPB stock?
GRANITESHARES 2X LONG AAPL D (AAPB) has an RSI value of 48.2747. This indicates that the stock is currently neutral.
Can you provide the MACD signal for GRANITESHARES 2X LONG AAPL D?
The MACD indicator for GRANITESHARES 2X LONG AAPL D (AAPB) has a value of -0.233627, indicating a bearish trend.
What is the support and resistance level for AAPB stock?
GRANITESHARES 2X LONG AAPL D (AAPB) has a support level at 33.71 and a resistance level at 34.81. Check the full technical report for our detailed analysis of AAPB support and resistance levels.