ASIA PAC FD INC (APB) Stock Technical Analysis
NYSE:APB - New York Stock Exchange, Inc. - US0449011065
We assign a technical rating of 1 out of 10 to APB. APB scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
79% of all other stocks performed better in the past year than APB.
APB is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
APB is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
In the last month APB has a been trading in a tight range between 11.39 and 11.56.
APB has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 11.55. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 11.52, a Stop Loss order could be placed below this zone.
More info and screens
11.22
14.69
When analyzing the support we notice one important area.
- A support zone ranging from 11.33 to 11.52. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 5 important resistance areas.
- A resistance zone ranging from 11.55 to 11.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 11.89 to 11.92. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @12.44 from a trend line in the daily time frame.
- A resistance zone ranging from 13.58 to 13.62. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @14.54 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 APB is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for APB is down. |
| ChartMill Relative Strength | 21.49 | NEGATIVE | APB has a low relative strength, it was outperformed by 78.51% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of APB is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of APB is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of APB is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 38.5 | NEUTRAL | The RSI value for APB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests APB has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 86.35 | OVERBOUGHT | The high Stochastics value suggests APB may be overbought. |
| Average True Range in percent/ATR (20) | 0.27 | LOW VOLATILITY | The low ATR as a percentage value for APB suggests low 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)
11.54
+0.01 (+0.09%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.09%
1 Week0.17%
2 Weeks0.79%
1 Month1.32%
3 Month-4.15%
6 Month-16.01%
12 Month-24.87%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.03
ATR(20)%0.27%
ATR Inc9.09%
Range Today0.02
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
CRS21.49
Mansfield-1.1
10 Day High11.56
10 Day Low11.45
20 Day High11.56
20 Day Low11.39
52 Week High15.71
52 Week Low11.21
CS1 End11.52
CR1 Start11.55
Volume & EV
DER(3)0.08%
DER(5)-0.34%
Volume13.20K
Volume Incr115.39%
Vol(5)87.32K
Vol(50)66.52K