APOLLO INVESTMENT CORP (AINV) Stock Technical Analysis
NASDAQ:AINV - Nasdaq - US03761U5020 - Common Stock - Currency: USD
Overall AINV gets a technical rating of 8 out of 10. In the last year, AINV was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
AINV is part of the Capital Markets industry. There are 233 other stocks in this industry. AINV outperforms 72% of them.
AINV is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month AINV has a been trading in the 11.11 - 13.69 range, which is quite wide. It is currently trading near the high of this range.
When comparing the yearly performance of all stocks, we notice that AINV is one of the better performing stocks in the market, outperforming 80% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
AINV has an excellent technical rating, but the quality of the setup is 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
10.47
14.06
4 important support areas can be observed.
- A support zone ranging from 13.26 to 13.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 12.91 to 13.05. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @11.77 from a trend line in the daily time frame.
- A support zone ranging from 10.58 to 10.63. This zone is formed by a combination of multiple trend lines in the weekly time frame.
We can see 2 important resistance areas.
- Resistance @13.66 from a horizontal line in the weekly time frame.
- Resistance @13.92 from a horizontal 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 | NEUTRAL | NEUTRAL | The long term trend for AINV is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AINV is up. |
| ChartMill Relative Strength | 80.56 | POSITIVE | AINV has a high relative strength, it outperformed 80.56% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AINV is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AINV is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AINV is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 80.98 | OVERBOUGHT | The high RSI value suggests AINV may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.18 | POSITIVE | The MACD value suggests AINV has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 98.67 | OVERBOUGHT | The high Stochastics value suggests AINV may be overbought. |
| Average True Range in percent/ATR (20) | 2.06 | MEDIUM VOLATILITY | The ATR as a percentage value for AINV suggests some volalility. |
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)
13.65
+0.08 (+0.59%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg0.59%
1 Week4.52%
2 Weeks18.7%
1 Month22.75%
3 Month11.98%
6 Month1.04%
12 Month-1.3%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.32
ATR(20)%2.06%
ATR Inc-58.22%
Range Today0.13
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.56
Mansfield0.8
10 Day High13.69
10 Day Low11.43
20 Day High13.69
20 Day Low11.11
52 Week High14
52 Week Low10.01
CS1 End13.64
CR1 Start13.66
Volume & EV
DER(3)-5.94%
DER(5)-4.3%
Volume225.60K
Volume Incr9.46%
Vol(5)282.38K
Vol(50)317.34K