APOLLO ENDOSURGERY INC (APEN) Stock Technical Analysis
NASDAQ:APEN - Nasdaq - US03767D1081 - Common Stock - Currency: USD
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 one of the better performing stocks in the Health Care Equipment & Supplies industry, it outperforms 96% of 187 stocks in the same industry.
APEN is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with 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.
Although APEN has an excellent technical rating, it does not present a decent entry opportunity 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
7.01
10.25
We found 3 important support areas.
- 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. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
10
+0.08 (+0.81%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg0.81%
1 Week0.81%
2 Weeks0.6%
1 Month0.5%
3 Month1.11%
6 Month89.04%
12 Month65.56%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.04
ATR(20)%0.41%
ATR Inc31.62%
Range Today0.08
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.28
Mansfield3.76
10 Day High10
10 Day Low9.87
20 Day High10
20 Day Low9.85
52 Week High10.3
52 Week Low3.49
CS1 End9.93
CR1 Start10.09
Volume & EV
DER(3)-3.24%
DER(5)-2.27%
Volume1.66M
Volume Incr-32.37%
Vol(5)704.14K
Vol(50)1.45M