Taking everything into account, AAPU scores 3 out of 10 in our technical rating. In the last year, AAPU was a bad performer. We also see some doubts in the very recent evolution, but in the medium term things still look positive.
AAPU has a poor technical rating and the quality of the setup is also only medium 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
20.40
When analyzing the support we can see 4 important areas.
- A support zone ranging from 33.62 to 33.62. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @26.73 from a trend line in the daily time frame.
- Support @22.62 from a trend line in the weekly time frame.
- Support @20.61 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 37.89 to 38.09. This zone is formed by a combination of multiple trend lines 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 | UP | POSITIVE | The long term trend for AAPU is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for AAPU is down. |
| ChartMill Relative Strength | 27.08 | NEGATIVE | AAPU has a low relative strength, it was outperformed by 72.92% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AAPU is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of AAPU is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AAPU is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 35.66 | NEUTRAL | The RSI value for AAPU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.51 | NEGATIVE | The MACD value suggests AAPU has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 16.06 | OVERSOLD | The low Stochastics value suggests AAPU may be oversold. |
| Average True Range in percent/ATR (20) | 3.76 | MEDIUM VOLATILITY | The ATR as a percentage value for AAPU suggests some volalility. |
| Average Directional Index/ADX (14) | 27.55 | POSITIVE | The high ADX value value for AAPU suggests a strong trend. |
33.63
-0.7 (-2.04%)
DIREXION DAILY AAPL BULL 2X / AAPU FAQ
What is the ChartMill technical rating of DIREXION DAILY AAPL BULL 2X (AAPU) stock?
ChartMill assigns a technical rating of 3 / 10 to AAPU.
Can you provide the trend direction for DIREXION DAILY AAPL BULL 2X?
The current trend direction for DIREXION DAILY AAPL BULL 2X (AAPU) is Bullish.
What is the RSI signal for AAPU stock?
DIREXION DAILY AAPL BULL 2X (AAPU) has an RSI value of 35.6563. This indicates that the stock is currently neutral.
Can you provide the MACD signal for DIREXION DAILY AAPL BULL 2X?
The MACD indicator for DIREXION DAILY AAPL BULL 2X (AAPU) has a value of -0.513276, indicating a bearish trend.
Can you provide the short term momentum for DIREXION DAILY AAPL BULL 2X?
The short term momentum for DIREXION DAILY AAPL BULL 2X (AAPU) is negative.