API GROUP CORP (APG) Stock Technical Analysis
NYSE:APG • US00187Y1001
Overall APG gets a technical rating of 10 out of 10. Both in the recent history as in the last year, APG has proven to be a steady performer, scoring decent points in every aspect analyzed.
- 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 89% of all stocks. On top of that, APG also shows a nice and consistent pattern of rising prices.
- 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.
- APG has an average volume of 2294280 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 57% of 55 stocks in the same industry.
- In the last month APG has a been trading in the 41.03 - 46.11 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Besides having an excellent technical rating, APG also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 44.10, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for APG in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
21.21
When analyzing the support we can see 5 important areas.
- A support zone ranging from 43.46 to 44.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 41.56 to 41.86. This zone is formed by a combination of multiple trend lines and important moving averages 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.
- Support @21.42 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 44.52 to 45.30. 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 | 89.73 | POSITIVE | APG has a high relative strength, it outperformed 89.73% 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) | 57.88 | NEUTRAL | The RSI value for APG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests APG has a negative trend. |
| Stochastics (14,3) | 65.55 | NEUTRAL | The Stochastics value for APG is a neutral value. |
| Average True Range in percent/ATR (20) | 2.93 | MEDIUM VOLATILITY | The ATR as a percentage value for APG suggests some volalility. |
| Average Directional Index/ADX (14) | 32.84 | POSITIVE | The high ADX value value for APG suggests a strong trend. |
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 |
|---|---|---|---|
| 45.31 | 43.56 | 1.75 (3.86%) | 25.00% |
| An entry @45.31. This is a Buy Stop order right above the resistance zone. | An exit @43.56. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 1.75 points, which is 3.86%. | For a 0.97% 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.
44.11
-0.53 (-1.19%)
API GROUP CORP / APG 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 APG stock?
API GROUP CORP (APG) has an RSI value of 57.8761. 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 buy as both the short term and long term trends are positive.
What is the support and resistance level for APG stock?
API GROUP CORP (APG) has a support level at 44.1 and a resistance level at 44.52. Check the full technical report for our detailed analysis of APG support and resistance levels.