We assign a technical rating of 3 out of 10 to AAPD. In the past year, AAPD was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
The technical rating of AAPD is bad and it also does not present a quality setup 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.
More info and screens
12.69
We found 2 important support areas.
- A support zone ranging from 13.11 to 13.49. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @12.82 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 13.76 to 13.78. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @16.82 from a trend line in the weekly 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 | UP | POSITIVE | The short term trend for AAPD is up. |
| ChartMill Relative Strength | 19.44 | NEGATIVE | AAPD has a low relative strength, it was outperformed by 80.56% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AAPD is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AAPD is above the rising 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) | 71.58 | OVERBOUGHT | The high RSI value suggests AAPD may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests AAPD has a positive trend. |
| Stochastics (14,3) | 88.8 | OVERBOUGHT | The high Stochastics value suggests AAPD may be overbought. |
| Average True Range in percent/ATR (20) | 1.45 | LOW VOLATILITY | The low ATR as a percentage value for AAPD suggests low volalility. |
| Average Directional Index/ADX (14) | 19.6 | NEGATIVE | The low ADX value for AAPD suggests a weak or negative trend. |
13.75
-0.02 (-0.15%)
DIREXION DAILY AAPL BEAR 1X / AAPD FAQ
What is the ChartMill technical rating of DIREXION DAILY AAPL BEAR 1X (AAPD) stock?
ChartMill assigns a technical rating of 3 / 10 to AAPD.
What is the trend direction for AAPD stock?
The current trend direction for DIREXION DAILY AAPL BEAR 1X (AAPD) is Bearish.
Can you provide the RSI signal for DIREXION DAILY AAPL BEAR 1X?
DIREXION DAILY AAPL BEAR 1X (AAPD) has an RSI value of 71.5791. This indicates that the stock is currently overbought.
Can you provide the short term momentum for DIREXION DAILY AAPL BEAR 1X?
The short term momentum for DIREXION DAILY AAPL BEAR 1X (AAPD) is positive.
What is the buy/sell signal for AAPD stock?
The buy/sell signal for DIREXION DAILY AAPL BEAR 1X (AAPD) is hold as the short term and long term trends are mixed.