APOLLO ENDOSURGERY INC (APEN) Technical Analysis
NASDAQ:APEN • US03767D1081
Current stock price
APEN Technical Rating and Analysis
Taking everything into account, APEN scores 8 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, APEN is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- APEN is part of the Health Care Equipment & Supplies industry. There are 187 other stocks in this industry. APEN outperforms 97% of them.
- APEN is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so APEN is leading the market.
- APEN has an average volume of 1448780 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the yearly performance of all stocks, we notice that APEN is one of the better performing stocks in the market, outperforming 96% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
- In the last month APEN has a been trading in a tight range between 9.85 and 10.00.
- Considerably lower volume is observed in the last couple of days.
APEN Weekly and Daily overview Charts
APEN Setup Rating and Analysis
Although APEN has an excellent technical rating, it does not offer a high quality setup 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
APEN Support and Resistance Analysis
7.01
3 important support areas can be observed.
- A support zone ranging from 9.71 to 9.93. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @7.44 from a trend line in the weekly time frame.
- Support @7.08 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 10.09 to 10.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
APEN 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 APEN is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for APEN is up. |
| ChartMill Relative Strength | 96.28 | POSITIVE | APEN has a high relative strength, it outperformed 96.28% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of APEN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of APEN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of APEN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 66.04 | NEUTRAL | The RSI value for APEN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests APEN has a positive trend. |
| Stochastics (14,3) | 82.59 | OVERBOUGHT | The high Stochastics value suggests APEN may be overbought. |
| Average True Range in percent/ATR (20) | 0.41 | LOW VOLATILITY | The low ATR as a percentage value for APEN suggests low volalility. |
| Average Directional Index/ADX (14) | 16.58 | NEGATIVE | The low ADX value for APEN suggests a weak or negative trend. |
APEN Chart- and CandleStick Pattern Analysis
APEN Technicals: Chart, Performance Metrics, Trend & Indicators
10
+0.08 (+0.81%)
APOLLO ENDOSURGERY INC / APEN TA FAQ
Can you provide the ChartMill technical rating for APOLLO ENDOSURGERY INC?
ChartMill assigns a technical rating of 7 / 10 to APEN.
What is the current trend direction of APOLLO ENDOSURGERY INC (APEN) stock?
The current trend direction for APOLLO ENDOSURGERY INC (APEN) is Bullish.
What is the RSI signal for APOLLO ENDOSURGERY INC (APEN) stock?
APOLLO ENDOSURGERY INC (APEN) has an RSI value of 66.0366. This indicates that the stock is currently neutral.
Can you provide the MACD signal for APOLLO ENDOSURGERY INC?
The MACD indicator for APOLLO ENDOSURGERY INC (APEN) has a value of 0.00411754, indicating a bearish trend.
Can you provide the short term momentum for APOLLO ENDOSURGERY INC?
The short term momentum for APOLLO ENDOSURGERY INC (APEN) is positive.