AP ACQUISITION CORP-A (APCA) Technical Analysis
NYSE:APCA • KYG040581061
Current stock price
APCA Technical Rating and Analysis
Taking everything into account, APCA scores 7 out of 10 in our technical rating. Although APCA is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- In the last month APCA has a been trading in the 11.40 - 12.41 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been consolidating recently, but much resistance may still be present above.
- Both the short term and long term trends are positive. This is a very positive sign.
- When compared to the yearly performance of all other stocks, APCA outperforms 63% of them, which is more or less in line with the market.
- APCA is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so APCA is lagging the market slightly.
- Volume is considerably higher in the last couple of days.
APCA Weekly and Daily overview Charts
APCA Setup Rating and Analysis
Besides having an excellent technical rating, APCA also presents a decent setup pattern. 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 11.45, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- 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
APCA Support and Resistance Analysis
9.84
3 important support areas can be observed.
- A support zone ranging from 11.38 to 11.45. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @11.20 from a horizontal line in the daily time frame.
- A support zone ranging from 9.94 to 9.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 11.46 to 11.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
APCA Technical Indicator Signal Analysis
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 APCA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for APCA is up. |
| ChartMill Relative Strength | 63.35 | NEUTRAL | APCA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of APCA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of APCA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of APCA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.09 | NEUTRAL | The RSI value for APCA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests APCA has a negative trend. |
| Stochastics (14,3) | 5.45 | OVERSOLD | The low Stochastics value suggests APCA may be oversold. |
| Average True Range in percent/ATR (20) | 2.23 | MEDIUM VOLATILITY | The ATR as a percentage value for APCA suggests some volalility. |
| Average Directional Index/ADX (14) | 90.79 | POSITIVE | The high ADX value value for APCA suggests a strong trend. |
APCA Chart- and CandleStick Pattern Analysis
APCA Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 11.49 | 11.43 | 0.06 (0.52%) | 25.00% |
| An entry @11.49. This is a Buy Stop order right above the resistance zone. | An exit @11.43. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.06 points, which is 0.52%. | For a 0.13% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of APCA. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
APCA Technicals: Chart, Performance Metrics, Trend & Indicators
NYSE:APCA (6/21/2024, 8:04:01 PM)
11.45
-0.01 (-0.04%)
AP ACQUISITION CORP-A / APCA TA FAQ
What is the technical rating for APCA stock?
ChartMill assigns a technical rating of 7 / 10 to APCA.
What is the current trend direction of AP ACQUISITION CORP-A (APCA) stock?
The current trend direction for AP ACQUISITION CORP-A (APCA) is Bullish.
What is the RSI signal for AP ACQUISITION CORP-A (APCA) stock?
AP ACQUISITION CORP-A (APCA) has an RSI value of 57.094. This indicates that the stock is currently neutral.
What is the MACD signal for AP ACQUISITION CORP-A (APCA) stock?
The MACD indicator for AP ACQUISITION CORP-A (APCA) has a value of -0.00430609, indicating a bearish trend.
Can you provide the short term momentum for AP ACQUISITION CORP-A?
The short term momentum for AP ACQUISITION CORP-A (APCA) is positive.