NASDAQ:APEX - Nasdaq -
We assign a technical rating of 6 out of 10 to APEX. Although APEX is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Although the technical rating is only medium, APEX does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 6.71, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
4.60
We found 5 important support areas.
We can see 3 important resistance areas.
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 APEX is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for APEX is up. |
ChartMill Relative Strength | 15.52 | NEGATIVE | APEX has a low relative strength, it was outperformed by 84.48% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of APEX is above the rising SMA(20). |
Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of APEX is above a declining SMA(50). |
Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of APEX is above a declining SMA(200). |
Relative Strength Index/RSI (14) | 56.73 | NEUTRAL | The RSI value for APEX is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests APEX has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 56.66 | NEUTRAL | The Stochastics value for APEX is a neutral value. |
Average True Range in percent/ATR (20) | 13.58 | HIGH VOLATILITY | The high ATR as a percentage value for APEX suggests high volalility. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
ENTRY | EXIT | DISTANCE | CAPITAL |
---|---|---|---|
6.82 | 6.64 | 0.18 (2.64%) | 25.00% |
An entry @6.82. This is a Buy Stop order right above the resistance zone. | An exit @6.64. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.18 points, which is 2.64%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.66%. |
6.8
+0.02 (+0.35%)