API GROUP CORP (APG)

US00187Y1001 - Common Stock

37.345  +0.39 (+1.07%)

Technical Rating and Analysis

7

Overall APG gets a technical rating of 7 out of 10. 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 36.24 - 39.98 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 91% of all stocks. On top of that, APG also shows a nice and consistent pattern of rising prices.
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 1755620 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 41 other stocks in this industry, APG did better than 62% of them.
Weekly and Daily overview Charts
APG Weekly chart
APG Daily chart
Setup Rating and Analysis

6

Besides having an excellent technical rating, APG also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 36.95, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

29.36

39.98

3 important support areas can be observed.

  • A support zone ranging from 36.94 to 36.95. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @31.42 from a trend line in the weekly time frame.
  • Support @29.66 from a trend line in the weekly time frame.

We can see 2 important resistance areas.

  • A resistance zone ranging from 37.81 to 38.19. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A resistance zone ranging from 39.25 to 39.58. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.08
Mansfield1.06
10 Day High38.89
10 Day Low36.24
20 Day High39.98
20 Day Low36.24
52 Week High39.98
52 Week Low21.74
Performance
1 Week-2.99%
2 Weeks-0.08%
1 Month-5.96%
3 Month9.94%
6 Month33.68%
12 Month64.3%
2 Year111.75%
3 Year74.7%
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.14
RSI(14)42.07
LBB36.45
UBB39.06
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.

ENTRYEXITDISTANCECAPITAL
38.2036.931.27 (3.32%)25.00%
An entry @38.20. This is a Buy Stop order right above the resistance zone.An exit @36.93. This is a Stop Loss order right below the support zone.The worst case loss on the trade is limited to 1.27 points, which is 3.32%.When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.83%.

  • 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.
APG Daily chart

API GROUP CORP

NYSE:APG (5/6/2024, 2:04:07 PM)

37.345

+0.39 (+1.07%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryConstruction & Engineering
Performance
% Chg1.07%
1 Week-2.99%
2 Weeks-0.08%
1 Month-5.96%
3 Month9.94%
6 Month33.68%
12 Month64.3%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.11
ATR(20)%2.94%
ATR Inc
Range Today0.73
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High38.89
10 Day Low36.24
20 Day High39.98
20 Day Low36.24
52 Week High39.98
52 Week Low21.74
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume973.65K
Volume Incr1.09%
Vol(5)1.80M
Vol(50)1.76M