APOLLO TACTICAL INCOME FUND (AIF) Stock Technical Analysis
NYSE:AIF - New York Stock Exchange, Inc. - US0376381036 - Currency: USD
We assign a technical rating of 4 out of 10 to AIF. In the last year, AIF was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
AIF is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so AIF is performing more or less in line with the market.
When comparing the performance of all stocks over the past year, AIF turns out to be only a medium performer in the overall market: it outperformed 68% of all stocks.
In the last month AIF has a been trading in a tight range between 14.50 and 15.27.
Although the technical rating is only medium, AIF does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 14.77, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
11.66
15.53
4 important support areas can be observed.
- A support zone ranging from 14.51 to 14.77. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 13.72 to 14.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @13.42 from a trend line in the weekly time frame.
- Support @11.78 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 14.83 to 14.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 15.35 to 15.38. 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 AIF is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for AIF is neutral. |
| ChartMill Relative Strength | 68.87 | NEUTRAL | AIF is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AIF is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AIF is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AIF is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 48.91 | NEUTRAL | The RSI value for AIF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests AIF has a negative trend. |
| Stochastics (14,3) | 43.15 | NEUTRAL | The Stochastics value for AIF is a neutral value. |
| Average True Range in percent/ATR (20) | 1.17 | LOW VOLATILITY | The low ATR as a percentage value for AIF suggests low volalility. |
| Average Directional Index/ADX (14) | 12.18 | NEGATIVE | The low ADX value for AIF suggests a weak or negative 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)
NYSE:AIF (7/19/2024, 8:04:00 PM)
14.82
-0.04 (-0.27%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.27%
1 Week-0.47%
2 Weeks-0.6%
1 Month-0.94%
3 Month2.92%
6 Month2.07%
12 Month17.15%
2 Year14.97%
3 Year-3.01%
5 Year0.2%
10 Year-17.11%
15 YearN/A
Volatility
ATR(14)0.18
ATR(20)%1.17%
ATR Inc-10.02%
Range Today0.14
ADR(20)0.15
ADR(20)%1.04%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS68.87
Mansfield-0.64
10 Day High15.27
10 Day Low14.75
20 Day High15.27
20 Day Low14.5
52 Week High15.45
52 Week Low12.49
CS1 End14.77
CR1 Start14.83
Volume & EV
DER(3)-5.15%
DER(5)-2.48%
Volume38.30K
Volume Incr-9.8%
Vol(5)80.38K
Vol(50)82.34K