SAVVYLONG 2X AAPL ETF (AAPU.CA) Stock Technical Analysis
TSX:AAPU - Toronto Stock Exchange - CA54315B7714 - ETF - Currency: CAD
Overall AAPU gets a technical rating of 4 out of 10. AAPU has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
AAPU has only a medium 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 a resistance zone just above the current price starting at 22.08. Right above this resistance zone may be a good entry point.
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21.82
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 22.08 to 22.09. This zone is formed by a combination of multiple trend lines 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 AAPU.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AAPU.CA is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | AAPU.CA has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AAPU.CA is above the rising SMA(20). |
| Relative Strength Index/RSI (14) | 63.36 | NEUTRAL | The RSI value for AAPU.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.64 | NEGATIVE | The MACD value suggests AAPU.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 76.35 | NEUTRAL | The Stochastics value for AAPU.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.54 | MEDIUM VOLATILITY | The ATR as a percentage value for AAPU.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 26.92 | POSITIVE | The high ADX value value for AAPU.CA suggests a strong trend. |
TSX:AAPU (7/21/2025, 7:00:00 PM)
22.04
+0.34 (+1.57%)