API GROUP CORP (APG) Stock Technical Analysis
USA - NYSE:APG - US00187Y1001 - Common Stock
34.41 USD
-0.88 (-2.49%)
34.41 USD
0 (0%)
We assign a technical rating of 6 out of 10 to APG. In the last year, APG was one of the better performers, but we do observe some doubts in the very recent evolution.
In the last month APG has a been trading in the 34.30 - 36.49 range, which is quite wide. It is currently trading near the lows of this range.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
Looking at the yearly performance, APG did better than 84% of all other stocks.
APG is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so APG is lagging the market slightly.
APG has an average volume of 2799330 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 52 other stocks in this industry, APG did better than 66% of them.
Although the technical rating is only medium, APG does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 34.40, a Stop Loss order could be placed below this zone.
More info and screens
21.21
36.71
When analyzing the support we can see 2 important areas.
- A support zone ranging from 34.29 to 34.40. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @21.42 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 35.08 to 36.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 | NEUTRAL | NEUTRAL | The short term trend for APG is neutral. |
| ChartMill Relative Strength | 84.54 | POSITIVE | APG has a high relative strength, it outperformed 84.54% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of APG is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of APG is below a declining 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) | 43.74 | NEUTRAL | The RSI value for APG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests APG has a negative trend. |
| Stochastics (14,3) | 37.3 | NEUTRAL | The Stochastics value for APG is a neutral value. |
| Average True Range in percent/ATR (20) | 2.02 | MEDIUM VOLATILITY | The ATR as a percentage value for APG suggests some volalility. |
| Average Directional Index/ADX (14) | 12.64 | NEGATIVE | The low ADX value for APG suggests a weak or negative trend. |
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 |
|---|---|---|---|
| 35.09 | 34.29 | 0.80 (2.27%) | 25.00% |
| An entry @35.09. This is a Buy Stop order right above the 10 day moving average. | An exit @34.29. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.80 points, which is 2.27%. | For a 0.57% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of APG. 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.
34.41
-0.88 (-2.49%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryConstruction & Engineering
Performance
% Chg-2.49%
1 Week-1.83%
2 Weeks-1.09%
1 Month-4.31%
3 Month1.46%
6 Month43.45%
12 Month53.43%
2 Year99.06%
3 Year288.96%
5 Year262.72%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.73
ATR(20)%2.02%
ATR Inc9.49%
Range Today0.99
ADR(20)0.66
ADR(20)%1.93%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.54
Mansfield1.06
10 Day High35.83
10 Day Low34.3
20 Day High36.49
20 Day Low34.3
52 Week High36.55
52 Week Low20.5
CS1 End34.4
CR1 Start35.08
Volume & EV
DER(3)1.73%
DER(5)0.64%
Volume1.52M
Volume Incr8.87%
Vol(5)2.65M
Vol(50)2.80M