API GROUP CORP (APG) Technical Analysis
NYSE:APG • US00187Y1001
Current stock price
APG Technical Rating and Analysis
Taking everything into account, APG scores 10 out of 10 in our technical rating. 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.
- The long and short term trends are both positive. This is looking good!
- 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. We also observe that the gains produced by APG over the past year are nicely spread over this period.
- 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.
- In the last month APG has a been trading in the 38.83 - 49.33 range, which is quite wide. It is currently trading near the high of this range.
- APG has an average volume of 3070620 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- APG is an average performer in the Construction & Engineering industry, it outperforms 64% of 55 stocks in the same industry.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
APG Weekly and Daily overview Charts
APG Setup Rating and Analysis
Although APG has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
APG Support and Resistance Analysis
37.82
We found 4 important support areas.
- A support zone ranging from 43.28 to 44.38. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @41.29 from a trend line in the weekly time frame.
- Support @39.92 from a trend line in the daily time frame.
- Support @38.20 from a horizontal line in the daily time frame.
APG 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 APG is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for APG is up. |
| ChartMill Relative Strength | 90.85 | POSITIVE | APG has a high relative strength, it outperformed 90.85% 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) | 71.1 | OVERBOUGHT | The high RSI value suggests APG may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.65 | POSITIVE | The MACD value suggests APG has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 93.59 | OVERBOUGHT | The high Stochastics value suggests APG may be overbought. |
| Average True Range in percent/ATR (20) | 2.81 | MEDIUM VOLATILITY | The ATR as a percentage value for APG suggests some volalility. |
| Average Directional Index/ADX (14) | 24.08 | NEUTRAL | The ADX value for APG suggests a possible start of a new trend. |
APG Chart- and CandleStick Pattern Analysis
APG Technicals: Chart, Performance Metrics, Trend & Indicators
48.51
+0.01 (+0.02%)
API GROUP CORP / APG TA 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 API GROUP CORP (APG) stock?
API GROUP CORP (APG) has an RSI value of 71.104. This indicates that the stock is currently overbought.
What is the short term momentum for APG stock?
The short term momentum for API GROUP CORP (APG) is positive.
What is the support and resistance level for APG stock?
API GROUP CORP (APG) has a support level at 44.38. Check the full technical report for our detailed analysis of APG support and resistance levels.