ASIA PAC FD INC (APB) Stock Technical Analysis
USA • New York Stock Exchange • NYSE:APB • US0449011065
We assign a technical rating of 1 out of 10 to APB. APB's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- 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.
Although the technical rating is bad, APB does present a nice setup opportunity. 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
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. |
11.54
+0.01 (+0.09%)
ASIA PAC FD INC / APB FAQ
Can you provide the ChartMill technical rating for ASIA PAC FD INC?
ChartMill assigns a technical rating of 1 / 10 to APB.
Can you provide the trend direction for ASIA PAC FD INC?
The current trend direction for ASIA PAC FD INC (APB) is Bearish.
What is the RSI signal for APB stock?
ASIA PAC FD INC (APB) has an RSI value of 38.4995. This indicates that the stock is currently neutral.
What is the buy/sell signal for ASIA PAC FD INC (APB) stock?
The buy/sell signal for ASIA PAC FD INC (APB) is sell as both the short term and long term trends are negative.
Can you provide the support and resistance levels for ASIA PAC FD INC?
ASIA PAC FD INC (APB) has a support level at 11.52 and a resistance level at 11.55. Check the full technical report for our detailed analysis of APB support and resistance levels.