Apex Global Brands Inc (APEX) Stock Technical Analysis
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.
85% of all other stocks performed better in the past year than APEX.
APEX is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month APEX has a been trading in the 5.40 - 11.50 range, which is quite wide. It is currently trading near the lows of this range.
Both the short term and long term trends are positive. This is a very positive sign.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is only medium, APEX does present a nice setup opportunity. 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. Another positive sign is the recent Pocket Pivot signal.
- 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
7.48
When analyzing the support we can see 5 important 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.
We can see 3 important resistance 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. |
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)
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%. |
- 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%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.35%
1 Week2.87%
2 Weeks12.4%
1 Month24.77%
3 Month3.85%
6 Month36%
12 Month-36.15%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.57
ATR(20)%13.58%
ATR Inc-21.56%
Range Today0.77
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
CRS15.52
Mansfield-0.55
10 Day High7.4
10 Day Low6.12
20 Day High11.5
20 Day Low5.4
52 Week High23.3
52 Week Low2.6
CS1 End6.71
CR1 Start6.81
Volume & EV
DER(3)-6.83%
DER(5)-3.78%
Volume301.40K
Volume Incr-56.17%
Vol(5)76.34K
Vol(50)300.36K