APPLIED DIGITAL CORP (APLD) Stock Technical Analysis
USA - NASDAQ:APLD - US0381692070 - Common Stock
30.98 USD
-0.1 (-0.32%)
31.54 USD
+0.56 (+1.81%)
Overall APLD gets a technical rating of 9 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
In the last month APLD has a been trading in the 28.01 - 40.20 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.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
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. On top of that, APLD also shows a nice and consistent pattern of rising prices.
APLD is part of the IT Services industry. There are 85 other stocks in this industry. APLD outperforms 98% of them.
APLD is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so APLD is performing more or less in line with the market.
APLD has an average volume of 31099300 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
APLD has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
16.36
35.02
3 important support areas can be observed.
- A support zone ranging from 30.97 to 30.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @19.75 from a trend line in the daily time frame.
- A support zone ranging from 16.53 to 16.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 33.08 to 33.73. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 34.67 to 34.67. This zone is formed by a combination of multiple trend lines 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 APLD is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for APLD is neutral. |
| ChartMill Relative Strength | 98.85 | POSITIVE | APLD has a high relative strength, it outperformed 98.85% 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 | POSITIVE | The current price of APLD is above 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) | 49.98 | NEUTRAL | The RSI value for APLD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.88 | NEGATIVE | The MACD value suggests APLD has a negative trend. |
| Stochastics (14,3) | 35.5 | NEUTRAL | The Stochastics value for APLD is a neutral value. |
| Average True Range in percent/ATR (20) | 11.28 | HIGH VOLATILITY | The high ATR as a percentage value for APLD suggests high volalility. |
| Average Directional Index/ADX (14) | 27.59 | POSITIVE | The high ADX value value for APLD suggests a strong 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)
30.98
-0.1 (-0.32%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryIT Services
Performance
% Chg-0.32%
1 Week-10.62%
2 Weeks-7.33%
1 Month-8.86%
3 Month118.17%
6 Month474.77%
12 Month309.79%
2 Year563.38%
3 Year1488.72%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)3.17
ATR(20)%11.28%
ATR Inc-4.03%
Range Today3.21
ADR(20)3.4
ADR(20)%10.96%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.85
3 months CRS98.49
6 months CRS99.47
Mansfield13.21
10 Day High37.17
10 Day Low28.01
20 Day High40.2
20 Day Low28.01
52 Week High40.2
52 Week Low3.31
CS1 End30.97
CR1 Start33.08
Volume & EV
DER(3)-1.58%
DER(5)-1.42%
Volume25.62M
Volume Incr-35.17%
Vol(5)24.40M
Vol(50)31.10M
APPLIED DIGITAL CORP / APLD FAQ
What is the ChartMill technical rating of APPLIED DIGITAL CORP (APLD) stock?
ChartMill assigns a technical rating of 9 / 10 to APLD.
What is the current trend direction of APPLIED DIGITAL CORP (APLD) stock?
The current trend direction for APPLIED DIGITAL CORP (APLD) is Bullish.
What is the RSI signal for APPLIED DIGITAL CORP (APLD) stock?
APPLIED DIGITAL CORP (APLD) has an RSI value of 49.9833. This indicates that the stock is currently neutral.
What is the short term momentum for APLD stock?
The short term momentum for APPLIED DIGITAL CORP (APLD) is neutral.