AIR PRODUCTS & CHEMICALS INC (APD) Stock Technical Analysis
NYSE:APD • US0091581068
Taking everything into account, APD scores 7 out of 10 in our technical rating. Although APD is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- When comparing the yearly performance of all stocks, APD is a bad performer in the overall market: 68% of all stocks are doing better.
- APD is part of the Chemicals industry. There are 83 other stocks in this industry, of which 71% are performing better than APD.
- Both the short term and long term trends are positive. This is a very positive sign.
- APD has an average volume of 1681880 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- APD is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so APD is lagging the market.
- In the last month APD has a been trading in the 253.94 - 296.46 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
APD 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
235.18
When analyzing the support we can see 3 important areas.
- A support zone ranging from 268.07 to 268.34. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @255.88 from a horizontal line in the daily time frame.
- A support zone ranging from 237.56 to 239.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 282.72 to 284.66. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @294.24 from a horizontal line in the daily time frame.
- A resistance zone ranging from 299.31 to 299.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 APD is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for APD is up. |
| ChartMill Relative Strength | 32.92 | NEUTRAL | APD is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of APD is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of APD is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of APD is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.85 | NEUTRAL | The RSI value for APD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.85 | NEGATIVE | The MACD value suggests APD has a negative trend. |
| Stochastics (14,3) | 55.52 | NEUTRAL | The Stochastics value for APD is a neutral value. |
| Average True Range in percent/ATR (20) | 2.46 | MEDIUM VOLATILITY | The ATR as a percentage value for APD suggests some volalility. |
| Average Directional Index/ADX (14) | 21.35 | NEUTRAL | The ADX value for APD suggests a possible start of a new trend. |
281.18
+0.46 (+0.16%)
AIR PRODUCTS & CHEMICALS INC / APD FAQ
What is the technical rating for APD stock?
ChartMill assigns a technical rating of 7 / 10 to APD.
What is the trend direction for APD stock?
The current trend direction for AIR PRODUCTS & CHEMICALS INC (APD) is Bullish.
Can you provide the RSI signal for AIR PRODUCTS & CHEMICALS INC?
AIR PRODUCTS & CHEMICALS INC (APD) has an RSI value of 56.8529. This indicates that the stock is currently neutral.
Can you provide the short term momentum for AIR PRODUCTS & CHEMICALS INC?
The short term momentum for AIR PRODUCTS & CHEMICALS INC (APD) is positive.
What is the support and resistance level for APD stock?
AIR PRODUCTS & CHEMICALS INC (APD) has a support level at 268.34 and a resistance level at 282.72. Check the full technical report for our detailed analysis of APD support and resistance levels.