APPLIED DIGITAL CORP (APLD) Technical Analysis
NASDAQ:APLD • US0381692070
Current stock price
APLD Technical Rating and Analysis
Overall APLD gets a technical rating of 5 out of 10. Although APLD is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- In the last month APLD has a been trading in the 24.41 - 37.47 range, which is quite wide. It is currently trading near the lows of this range.
- When comparing the yearly performance of all stocks, we notice that APLD is one of the better performing stocks in the market, outperforming 98% of all stocks. We also observe that the gains produced by APLD over the past year are nicely spread over this period.
- APLD is one of the better performing stocks in the IT Services industry, it outperforms 96% of 87 stocks in the same industry.
- APLD has an average volume of 29836000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- APLD is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so APLD is lagging the market slightly.
- Considerably lower volume is observed in the last couple of days.
APLD Weekly and Daily overview Charts
APLD Setup Rating and Analysis
Although the technical rating is only medium, APLD does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. We notice that large players showed an interest for APLD 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
APLD Support and Resistance Analysis
24.89
2 important support areas can be observed.
- Support @25.64 from a trend line in the daily time frame.
- A support zone ranging from 25.14 to 25.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- Resistance @28.52 from a horizontal line in the daily time frame.
APLD 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.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for APLD is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for APLD is down. |
| ChartMill Relative Strength | 98.22 | POSITIVE | APLD has a high relative strength, it outperformed 98.22% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of APLD is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of APLD is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of APLD is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 43.06 | NEUTRAL | The RSI value for APLD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests APLD has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 45.03 | NEUTRAL | The Stochastics value for APLD is a neutral value. |
| Average True Range in percent/ATR (20) | 9.08 | HIGH VOLATILITY | The high ATR as a percentage value for APLD suggests high volalility. |
| Average Directional Index/ADX (14) | 16.94 | NEGATIVE | The low ADX value for APLD suggests a weak or negative trend. |
APLD Chart- and CandleStick Pattern Analysis
APLD Technicals: Chart, Performance Metrics, Trend & Indicators
27.05
-0.43 (-1.56%)
APPLIED DIGITAL CORP / APLD TA FAQ
What is the ChartMill technical rating of APPLIED DIGITAL CORP (APLD) stock?
ChartMill assigns a technical rating of 5 / 10 to APLD.
Can you provide the trend direction for APPLIED DIGITAL CORP?
The current trend direction for APPLIED DIGITAL CORP (APLD) is Bearish.
What is the RSI signal for APPLIED DIGITAL CORP (APLD) stock?
APPLIED DIGITAL CORP (APLD) has an RSI value of 43.057. This indicates that the stock is currently neutral.
What is the MACD signal for APPLIED DIGITAL CORP (APLD) stock?
The MACD indicator for APPLIED DIGITAL CORP (APLD) has a value of -0.0193906, indicating a bearish trend.