Apex Global Brands Inc (APEX) Technical Analysis
NASDAQ:APEX
Current stock price
APEX Technical Rating and Analysis
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.
- When comparing the yearly performance of all stocks, APEX is a bad performer in the overall market: 85% of all stocks are doing better.
- 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.
APEX Weekly and Daily overview Charts
APEX Setup Rating and Analysis
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. 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
APEX Support and Resistance Analysis
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.
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.
APEX Technical Indicator Signal Analysis
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. |
APEX Chart- and CandleStick Pattern Analysis
APEX Example Setup
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.
APEX Technicals: Chart, Performance Metrics, Trend & Indicators
6.8
+0.02 (+0.35%)
Apex Global Brands Inc / APEX TA FAQ
Can you provide the ChartMill technical rating for Apex Global Brands Inc?
ChartMill assigns a technical rating of 6 / 10 to APEX.
What is the current trend direction of Apex Global Brands Inc (APEX) stock?
The current trend direction for Apex Global Brands Inc (APEX) is Bullish.
Can you provide the RSI signal for Apex Global Brands Inc?
Apex Global Brands Inc (APEX) has an RSI value of 56.7338. This indicates that the stock is currently neutral.
What is the short term momentum for Apex Global Brands Inc (APEX) stock?
The short term momentum for Apex Global Brands Inc (APEX) is positive.
What is the support and resistance level for APEX stock?
Apex Global Brands Inc (APEX) has a support level at 6.71 and a resistance level at 6.81. Check the full technical report for our detailed analysis of APEX support and resistance levels.