DIREXION DAILY AAPL BEAR 1X (AAPD) Stock Technical Analysis
NASDAQ:AAPD - US25461A3041 - ETF
15.52 USD
+0.05 (+0.31%)
15.55 USD
+0.03 (+0.19%)
Overall AAPD gets a technical rating of 0 out of 10. AAPD's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, AAPD is a bad performer in the overall market: 85% of all stocks are doing better.
AAPD is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
AAPD is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
AAPD has an average volume of 1113610 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Considerably lower volume is observed in the last couple of days.
AAPD has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
More info and screens
15.30
18.97
We found 1 important support area.
- Support @15.45 from a horizontal line in the daily time frame.
5 important resistance areas can be observed.
- A resistance zone ranging from 16.64 to 16.89. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @17.42 from a trend line in the daily time frame.
- A resistance zone ranging from 17.84 to 17.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @18.26 from a trend line in the weekly time frame.
- Resistance @18.78 from a horizontal line in the daily time frame.
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 | DOWN | NEGATIVE | The long term trend for AAPD is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for AAPD is down. |
| ChartMill Relative Strength | 15.54 | NEGATIVE | AAPD has a low relative strength, it was outperformed by 84.46% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AAPD is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of AAPD is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of AAPD is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 34.6 | NEUTRAL | The RSI value for AAPD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests AAPD has a positive trend. |
| Stochastics (14,3) | 26.7 | NEUTRAL | The Stochastics value for AAPD is a neutral value. |
| Average True Range in percent/ATR (20) | 2.31 | MEDIUM VOLATILITY | The ATR as a percentage value for AAPD suggests some volalility. |
| Average Directional Index/ADX (14) | 29.27 | POSITIVE | The high ADX value value for AAPD suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
15.52
+0.05 (+0.31%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.31%
1 Week-1.77%
2 Weeks-0.06%
1 Month-13%
3 Month-13.68%
6 Month-1.71%
12 Month-7.95%
2 Year-25.46%
3 Year-40.53%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.25
ATR(20)%2.31%
ATR Inc-33.78%
Range Today0.13
ADR(20)0.33
ADR(20)%2.11%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.54
Mansfield-1.64
10 Day High16.08
10 Day Low15.42
20 Day High17.91
20 Day Low15.29
52 Week High21.96
52 Week Low14.7
CS1 End15.45
CR1 Start16.64
Volume & EV
DER(3)0.26%
DER(5)-4.29%
Volume842.20K
Volume Incr-56.56%
Vol(5)608.62K
Vol(50)1.11M