API GROUP CORP (APG) Stock Technical Analysis
NYSE:APG - US00187Y1001 - Common Stock
35.68 USD
-0.23 (-0.64%)
35.68 USD
0 (0%)
Overall APG gets a technical rating of 10 out of 10. 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.
Looking at the yearly performance, APG did better than 87% of all other 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 34.16 - 36.49 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
APG has an average volume of 3584560 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 69% of 53 stocks in the same industry.
APG has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. We notice that large players showed an interest for APG in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
21.21
36.71
When analyzing the support we can see 4 important areas.
- A support zone ranging from 35.42 to 35.63. 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 33.89 to 34.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @22.88 from a trend line in the weekly time frame.
- Support @21.42 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 35.77 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 | UP | POSITIVE | The short term trend for APG is up. |
| ChartMill Relative Strength | 87.1 | POSITIVE | APG has a high relative strength, it outperformed 87.1% 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) | 55.05 | NEUTRAL | The RSI value for APG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests APG has a negative trend. |
| Stochastics (14,3) | 72.42 | NEUTRAL | The Stochastics value for APG is a neutral value. |
| Average True Range in percent/ATR (20) | 1.81 | LOW VOLATILITY | The low ATR as a percentage value for APG suggests low volalility. |
| Average Directional Index/ADX (14) | 21.06 | NEUTRAL | The ADX value for APG suggests a possible start of a new 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 |
|---|---|---|---|
| 36.36 | 35.41 | 0.95 (2.61%) | 25.00% |
| An entry @36.36. This is a Buy Stop order right above the resistance zone. | An exit @35.41. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.95 points, which is 2.61%. | For a 0.65% total portfolio risk, you can invest 25.00% 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.
35.68
-0.23 (-0.64%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryConstruction & Engineering
Performance
% Chg-0.64%
1 Week-0.22%
2 Weeks1.13%
1 Month1.74%
3 Month14.68%
6 Month36.29%
12 Month50.55%
2 Year90.12%
3 Year244.18%
5 Year278.5%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.58
ATR(20)%1.81%
ATR Inc-1.64%
Range Today0.6
ADR(20)0.64
ADR(20)%1.79%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.1
Mansfield2.03
10 Day High36.49
10 Day Low34.83
20 Day High36.49
20 Day Low34.16
52 Week High36.55
52 Week Low20.5
CS1 End35.63
CR1 Start35.77
Volume & EV
DER(3)3.23%
DER(5)2.17%
Volume2.26M
Volume Incr-10.86%
Vol(5)2.51M
Vol(50)3.58M