APOLLO ENDOSURGERY INC (APEN) Stock Technical Analysis
USA - NASDAQ:APEN - US03767D1081 - Common Stock
We assign a technical rating of 8 out of 10 to APEN. Both in the recent history as in the last year, APEN has proven to be a steady performer, scoring decent points in every aspect analyzed.
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.
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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.
We found 1 important resistance 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.
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. |
10
+0.08 (+0.81%)
APOLLO ENDOSURGERY INC / APEN FAQ
Can you provide the ChartMill technical rating for APOLLO ENDOSURGERY INC?
ChartMill assigns a technical rating of 7 / 10 to APEN.
Can you provide the trend direction for APOLLO ENDOSURGERY INC?
The current trend direction for APOLLO ENDOSURGERY INC (APEN) is Bullish.
Can you provide the RSI signal for APOLLO ENDOSURGERY INC?
APOLLO ENDOSURGERY INC (APEN) has an RSI value of 66.0366. This indicates that the stock is currently neutral.
What is the MACD signal for APOLLO ENDOSURGERY INC (APEN) stock?
The MACD indicator for APOLLO ENDOSURGERY INC (APEN) has a value of 0.00411754, indicating a bearish trend.
Can you provide the support and resistance levels for APOLLO ENDOSURGERY INC?
APOLLO ENDOSURGERY INC (APEN) has a support level at 9.93 and a resistance level at 10.09. Check the full technical report for our detailed analysis of APEN support and resistance levels.