APOGEE THERAPEUTICS INC (APGE) Stock Technical Analysis
NASDAQ:APGE - Nasdaq - US03770N1019 - Common Stock - Currency: USD
Taking everything into account, APGE scores 3 out of 10 in our technical rating. APGE performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
66% of all other stocks performed better in the past year than APGE.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
APGE is part of the Biotechnology industry. There are 556 other stocks in this industry, APGE did better than 57% of them.
APGE is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so APGE is lagging the market.
In the last month APGE has a been trading in the 35.71 - 47.71 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of APGE is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
34.60
53.68
We found 4 important support areas.
- A support zone ranging from 38.13 to 38.21. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @37.41 from a trend line in the daily time frame.
- A support zone ranging from 36.33 to 36.40. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @34.95 from a trend line in the weekly time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 39.32 to 39.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 40.04 to 40.93. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @46.61 from a trend line in the daily time frame.
- Resistance @53.15 from a trend line in the weekly 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 | NEUTRAL | NEUTRAL | The long term trend for APGE is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for APGE is neutral. |
| ChartMill Relative Strength | 34.67 | NEUTRAL | APGE is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of APGE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of APGE is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of APGE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.86 | NEUTRAL | The RSI value for APGE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.38 | NEGATIVE | The MACD value suggests APGE has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 26.53 | NEUTRAL | The Stochastics value for APGE is a neutral value. |
| Average True Range in percent/ATR (20) | 6.89 | HIGH VOLATILITY | The high ATR as a percentage value for APGE suggests high volalility. |
| Average Directional Index/ADX (14) | 16.42 | NEGATIVE | The low ADX value for APGE suggests a weak or negative 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)
39.31
+0.31 (+0.79%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg0.79%
1 Week3.07%
2 Weeks-17.17%
1 Month-4.54%
3 Month18.73%
6 Month6.07%
12 Month-17.24%
2 Year83.69%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.91
ATR(20)%6.89%
ATR Inc-49.5%
Range Today1.82
ADR(20)2.68
ADR(20)%6.82%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS34.67
Mansfield-1.74
10 Day High47.49
10 Day Low35.71
20 Day High47.71
20 Day Low35.71
52 Week High63.5
52 Week Low26.2
CS1 End38.21
CR1 Start39.32
Volume & EV
DER(3)0.71%
DER(5)0.85%
Volume824.70K
Volume Incr-44.76%
Vol(5)756.56K
Vol(50)970.15K