Apex Global Brands Inc (APEX) Stock Technical Analysis
USA - NASDAQ:APEX -
Taking everything into account, APEX scores 6 out of 10 in our technical rating. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, APEX is a bad performer.
APEX has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. 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. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
4.60
We found 5 important support areas.
- A support zone ranging from 6.65 to 6.71. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @6.04 from a horizontal line in the daily time frame.
- Support @5.22 from a trend line in the daily time frame.
- Support @5.13 from a trend line in the weekly time frame.
- Support @4.65 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- Resistance @6.81 from a horizontal line in the weekly time frame.
- Resistance @7.01 from a trend line in the daily time frame.
- Resistance @7.41 from a horizontal line in the daily time frame.
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 trade has a worst case loss of 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%. |
- The distance between exit and entry is rather small compared to the average daily movement of APEX. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
6.8
+0.02 (+0.35%)
Apex Global Brands Inc / APEX FAQ
Can you provide the ChartMill technical rating for Apex Global Brands Inc?
ChartMill assigns a technical rating of 6 / 10 to APEX.
Can you provide the trend direction for Apex Global Brands Inc?
The current trend direction for Apex Global Brands Inc (APEX) is Bullish.
What is the RSI signal for Apex Global Brands Inc (APEX) stock?
Apex Global Brands Inc (APEX) has an RSI value of 56.7338. This indicates that the stock is currently neutral.
What is the MACD signal for Apex Global Brands Inc (APEX) stock?
The MACD indicator for Apex Global Brands Inc (APEX) has a value of 0.0321338, indicating a bearish trend.
Can you provide the short term momentum for Apex Global Brands Inc?
The short term momentum for Apex Global Brands Inc (APEX) is positive.