AIR PRODUCTS & CHEMICALS INC (APD) Stock Technical Analysis
USA - NYSE:APD - US0091581068 - Common Stock
Overall APD gets a technical rating of 0 out of 10. APD scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, APD does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 259.75. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 243.35, a Stop Loss order could be placed below this zone.
More info and screens
240.15
We found 1 important support area.
- A support zone ranging from 242.58 to 243.35. This zone is formed by a combination of multiple trend lines in the weekly time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 259.75 to 265.22. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 283.18 to 283.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @290.56 from a trend line in the daily time frame.
- Resistance @295.26 from a horizontal line in the daily 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 APD is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for APD is neutral. |
| ChartMill Relative Strength | 18.03 | NEGATIVE | APD has a low relative strength, it was outperformed by 81.97% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of APD is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of APD is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of APD is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 45.08 | NEUTRAL | The RSI value for APD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.97 | POSITIVE | The MACD value suggests APD has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 75.85 | NEUTRAL | The Stochastics value for APD is a neutral value. |
| Average True Range in percent/ATR (20) | 2.31 | MEDIUM VOLATILITY | The ATR as a percentage value for APD suggests some volalility. |
| Average Directional Index/ADX (14) | 28.15 | POSITIVE | The high ADX value value for APD suggests a strong trend. |
253.09
-6.25 (-2.41%)
AIR PRODUCTS & CHEMICALS INC / APD FAQ
What is the ChartMill technical rating of AIR PRODUCTS & CHEMICALS INC (APD) stock?
ChartMill assigns a technical rating of 0 / 10 to APD.
Can you provide the trend direction for AIR PRODUCTS & CHEMICALS INC?
The current trend direction for AIR PRODUCTS & CHEMICALS INC (APD) is Bearish.
What is the RSI signal for APD stock?
AIR PRODUCTS & CHEMICALS INC (APD) has an RSI value of 45.0827. This indicates that the stock is currently neutral.
What is the short term momentum for APD stock?
The short term momentum for AIR PRODUCTS & CHEMICALS INC (APD) is neutral.