APOGEE THERAPEUTICS INC (APGE) Stock Technical Analysis
NASDAQ:APGE • US03770N1019
Taking everything into account, APGE scores 6 out of 10 in our technical rating. In the last year, APGE was one of the better performers, but we do observe some doubts in the very recent evolution.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- When comparing the yearly performance of all stocks, we notice that APGE is one of the better performing stocks in the market, outperforming 93% of all stocks.
- APGE is part of the Biotechnology industry. There are 521 other stocks in this industry. APGE outperforms 80% of them.
- APGE 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 APGE is lagging the market slightly.
- In the last month APGE has a been trading in the 60.35 - 73.71 range, which is quite wide. It is currently trading near the high of this range.
Although the technical rating is only medium, APGE does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 65.63, a Stop Loss order could be placed below this zone.
More info and screens
41.09
3 important support areas can be observed.
- A support zone ranging from 65.34 to 65.63. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 62.13 to 62.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @41.51 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- Resistance @71.27 from a horizontal line in the daily time frame.
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 APGE is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for APGE is neutral. |
| ChartMill Relative Strength | 93.12 | POSITIVE | APGE has a high relative strength, it outperformed 93.12% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of APGE is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of APGE is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of APGE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.38 | NEUTRAL | The RSI value for APGE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.81 | POSITIVE | The MACD value suggests APGE has a positive trend. |
| Stochastics (14,3) | 86.16 | OVERBOUGHT | The high Stochastics value suggests APGE may be overbought. |
| Average True Range in percent/ATR (20) | 5.52 | HIGH VOLATILITY | The high ATR as a percentage value for APGE suggests high volalility. |
| Average Directional Index/ADX (14) | 17.5 | NEGATIVE | The low ADX value for APGE suggests a weak or negative trend. |
70.89
-0.38 (-0.53%)
APOGEE THERAPEUTICS INC / APGE FAQ
What is the ChartMill technical rating of APOGEE THERAPEUTICS INC (APGE) stock?
ChartMill assigns a technical rating of 6 / 10 to APGE.
Can you provide the trend direction for APOGEE THERAPEUTICS INC?
The current trend direction for APOGEE THERAPEUTICS INC (APGE) is Bullish.
Can you provide the RSI signal for APOGEE THERAPEUTICS INC?
APOGEE THERAPEUTICS INC (APGE) has an RSI value of 52.3782. This indicates that the stock is currently neutral.
Can you provide the short term momentum for APOGEE THERAPEUTICS INC?
The short term momentum for APOGEE THERAPEUTICS INC (APGE) is neutral.
What are the support and resistance levels for APOGEE THERAPEUTICS INC (APGE) stock?
APOGEE THERAPEUTICS INC (APGE) has a support level at 65.63 and a resistance level at 71.27. Check the full technical report for our detailed analysis of APGE support and resistance levels.