API GROUP CORP (APG) Technical Analysis
NYSE:APG • US00187Y1001
Current stock price
APG Technical Rating and Analysis
Taking everything into account, APG scores 7 out of 10 in our technical rating. 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 39.58 - 46.89 range, which is quite wide. It is currently trading near the lows of this range.
- When comparing the yearly performance of all stocks, we notice that APG is one of the better performing stocks in the market, outperforming 89% 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 in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so APG is performing more or less in line with the market.
- APG has an average volume of 2565000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
- APG is part of the Construction & Engineering industry. There are 56 other stocks in this industry, APG did better than 65% of them.
APG Weekly and Daily overview Charts
APG Setup Rating and Analysis
Besides having an excellent technical rating, APG also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 40.18, a Stop Loss order could be placed below this zone.
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APG Support and Resistance Analysis
32.76
When analyzing the support we can see 3 important areas.
- A support zone ranging from 39.91 to 40.18. This zone is formed by a combination of multiple trend lines 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.
We found 1 important resistance area.
- A resistance zone ranging from 44.65 to 45.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | DOWN | NEGATIVE | The short term trend for APG is down. |
| ChartMill Relative Strength | 89.53 | POSITIVE | APG has a high relative strength, it outperformed 89.53% 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) | UP | MIXED | The current price of APG is below 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) | 42.62 | NEUTRAL | The RSI value for APG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.23 | NEGATIVE | The MACD value suggests APG has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 33.58 | NEUTRAL | The Stochastics value for APG is a neutral value. |
| Average True Range in percent/ATR (20) | 3.61 | MEDIUM VOLATILITY | The ATR as a percentage value for APG suggests some volalility. |
| Average Directional Index/ADX (14) | 20.05 | NEUTRAL | The ADX value for APG suggests a possible start of a new trend. |
APG Chart- and CandleStick Pattern Analysis
APG 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 |
|---|---|---|---|
| 42.82 | 39.90 | 2.92 (6.82%) | 14.66% |
| An entry @42.82. This is a Buy Stop order right above the 10 day high. | An exit @39.90. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 2.92 points, which is 6.82%. | For a 1.00% total portfolio risk, you can invest 14.66% of your capital in this trade. |
- 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.
APG Technicals: Chart, Performance Metrics, Trend & Indicators
41.19
+0.12 (+0.29%)
API GROUP CORP / APG TA FAQ
Can you provide the ChartMill technical rating for API GROUP CORP?
ChartMill assigns a technical rating of 7 / 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 42.6229. 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 hold as the short term and long term trends are mixed.
What is the support and resistance level for APG stock?
API GROUP CORP (APG) has a support level at 40.18 and a resistance level at 44.65. Check the full technical report for our detailed analysis of APG support and resistance levels.