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APEXIGEN INC (APGN) Stock Technical Analysis

NASDAQ:APGN - Nasdaq - US03759B1026 - Common Stock - Currency: USD

0.3851  +0.03 (+8.48%)

After market: 0.3807 0 (-1.14%)

Technical Rating and Analysis

0

Overall APGN gets a technical rating of 0 out of 10. APGN scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, APGN is a bad performer in the overall market: 97% of all stocks are doing better.
APGN is one of the lesser performing stocks in the Biotechnology industry. 81% of 555 stocks in the same industry do better.
APGN is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month APGN has a been trading in the 0.35 - 0.45 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Weekly and Daily overview Charts
APEXIGEN INC / APGN Weekly stock chart
APEXIGEN INC / APGN Daily stock chart
Setup Rating and Analysis

4

APGN has a poor technical rating and the quality of the setup is also not perfect at the moment. Prices have been consolidating lately.

Support and Resistance Analysis

0.38

0.44

We can see 4 important resistance areas.

  • A resistance zone ranging from 0.40 to 0.40. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 0.41 to 0.41. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • Resistance @0.42 from a trend line in the daily time frame.
  • Resistance @0.44 from a horizontal line in the daily time frame.
Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorDOWNNEGATIVEThe long term trend for APGN is down.
ChartMill Short Term Trend IndicatorDOWNNEGATIVEThe short term trend for APGN is down.
ChartMill Relative Strength3.41NEGATIVEAPGN has a low relative strength, it was outperformed by 96.59% off all stocks on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of APGN is below a declining SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of APGN is below a declining SMA(50).
Simple Moving Average/SMA (200)DOWNNEGATIVEThe current price of APGN is below a declining SMA(200).
Relative Strength Index/RSI (14)44.3NEUTRALThe RSI value for APGN is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0NEGATIVEThe MACD value suggests APGN has a negative trend, although the MACD value is rising.
Stochastics (14,3)13.29OVERSOLDThe low Stochastics value suggests APGN may be oversold.
Average True Range in percent/ATR (20)9.52HIGH VOLATILITYThe high ATR as a percentage value for APGN suggests high volalility.
Average Directional Index/ADX (14)19.68NEGATIVEThe low ADX value for APGN suggests a weak or negative trend.
Chart- and CandleStick Pattern Analysis
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)
APEXIGEN INC / APGN Daily stock chart

APEXIGEN INC

NASDAQ:APGN (8/22/2023, 8:00:00 PM)

After market: 0.3807 0 (-1.14%)

0.3851

+0.03 (+8.48%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg8.48%
1 Week-9.79%
2 Weeks-5.5%
1 Month-6.07%
3 Month-28.69%
6 Month-70.38%
12 Month-92.33%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.03
ATR(20)%9.52%
ATR Inc5.04%
Range Today0.04
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS3.41
Mansfield-7.6
10 Day High0.45
10 Day Low0.35
20 Day High0.45
20 Day Low0.35
52 Week High8.28
52 Week Low0.33
CS1 EndN/A
CR1 Start0.4
Volume & EV
DER(3)-18.54%
DER(5)-23.81%
Volume95.70K
Volume Incr1.74%
Vol(5)32.44K
Vol(50)49.29K