Taking everything into account, APDN scores 4 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. APDN was also a bad performer in the overall market in the last year.
APDN has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
5.56
When analyzing the resistance we notice one important area.
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 APDN is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for APDN is up. |
| ChartMill Relative Strength | 4.16 | NEGATIVE | APDN has a low relative strength, it was outperformed by 95.84% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of APDN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of APDN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of APDN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 67.94 | NEUTRAL | The RSI value for APDN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.26 | POSITIVE | The MACD value suggests APDN has a positive trend. |
| Stochastics (14,3) | 43.96 | NEUTRAL | The Stochastics value for APDN is a neutral value. |
| Average True Range in percent/ATR (20) | 12.7 | HIGH VOLATILITY | The high ATR as a percentage value for APDN suggests high volalility. |
| Average Directional Index/ADX (14) | 47.41 | POSITIVE | The high ADX value value for APDN suggests a strong trend. |
5.62
+1.35 (+31.62%)
ChartMill assigns a technical rating of 4 / 10 to APDN.
The current trend direction for APPLIED DNA SCIENCES INC (APDN) is Bearish.
APPLIED DNA SCIENCES INC (APDN) has an RSI value of 67.9439. This indicates that the stock is currently neutral.
The MACD indicator for APPLIED DNA SCIENCES INC (APDN) has a value of 0.262937, indicating a bearish trend.
APPLIED DNA SCIENCES INC (APDN) has a resistance level at 5.63. Check the full technical report for our detailed analysis of APDN support and resistance levels.