API GROUP CORP (APG) Stock Technical Analysis
NYSE:APG • US00187Y1001
We assign a technical rating of 10 out of 10 to APG. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, APG is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that APG is one of the better performing stocks in the market, outperforming 90% of all stocks. On top of that, APG also shows a nice and consistent pattern of rising prices.
- APG 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.
- APG has an average volume of 2273530 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- APG is part of the Construction & Engineering industry. There are 55 other stocks in this industry, APG did better than 64% of them.
- In the last month APG has a been trading in the 41.03 - 46.11 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
APG has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. There is a support zone below the current price at 43.98, a Stop Loss order could be placed below this zone.
More info and screens
21.21
We found 5 important support areas.
- A support zone ranging from 43.03 to 43.98. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 41.20 to 41.56. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 34.15 to 34.38. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @33.09 from a horizontal line in the daily time frame.
- Support @21.42 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- Resistance @45.30 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 APG is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for APG is up. |
| ChartMill Relative Strength | 90.61 | POSITIVE | APG has a high relative strength, it outperformed 90.61% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of APG is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of APG is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of APG is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 62.58 | NEUTRAL | The RSI value for APG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests APG has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 63.32 | NEUTRAL | The Stochastics value for APG is a neutral value. |
| Average True Range in percent/ATR (20) | 2.9 | MEDIUM VOLATILITY | The ATR as a percentage value for APG suggests some volalility. |
| Average Directional Index/ADX (14) | 32.58 | POSITIVE | The high ADX value value for APG suggests a strong trend. |
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 |
|---|---|---|---|
| 45.31 | 43.02 | 2.29 (5.05%) | 19.79% |
| An entry @45.31. This is a Buy Stop order right above the resistance zone. | An exit @43.02. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 2.29 points, which is 5.05%. | When investing 19.79% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
44.43
+0.02 (+0.05%)
API GROUP CORP / APG FAQ
Can you provide the ChartMill technical rating for API GROUP CORP?
ChartMill assigns a technical rating of 10 / 10 to APG.
What is the trend direction for APG stock?
The current trend direction for API GROUP CORP (APG) is Bullish.
What is the RSI signal for APG stock?
API GROUP CORP (APG) has an RSI value of 62.5841. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for API GROUP CORP?
The buy/sell signal for API GROUP CORP (APG) is buy as both the short term and long term trends are positive.
What is the support and resistance level for APG stock?
API GROUP CORP (APG) has a support level at 43.98 and a resistance level at 45.3. Check the full technical report for our detailed analysis of APG support and resistance levels.