APPLIED DIGITAL CORP (APLD) Stock Technical Analysis
NASDAQ:APLD • US0381692070
Taking everything into account, APLD scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, APLD has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- Looking at the yearly performance, APLD did better than 98% of all other 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 87 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 however is currently trading near a new high, so APLD is lagging the market slightly.
- APLD has an average volume of 32381200 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month APLD has a been trading in the 27.62 - 42.27 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Besides having an excellent technical rating, APLD also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 28.91, a Stop Loss order could be placed below this zone.
More info and screens
26.49
We found 2 important support areas.
- A support zone ranging from 28.61 to 28.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @26.76 from a trend line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @36.89 from a trend line in the daily time frame.
- A resistance zone ranging from 37.70 to 38.27. 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 | 98.84 | POSITIVE | APLD has a high relative strength, it outperformed 98.84% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of APLD is below the rising 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) | 51.27 | NEUTRAL | The RSI value for APLD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.26 | NEGATIVE | The MACD value suggests APLD has a negative trend. |
| Stochastics (14,3) | 57.32 | NEUTRAL | The Stochastics value for APLD is a neutral value. |
| Average True Range in percent/ATR (20) | 12.24 | HIGH VOLATILITY | The high ATR as a percentage value for APLD suggests high volalility. |
| Average Directional Index/ADX (14) | 16.81 | NEGATIVE | The low ADX value for APLD suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 36.90 | 28.60 | 8.30 (22.49%) | 4.45% |
| An entry @36.90. This is a Buy Stop order right above the resistance zone. | An exit @28.60. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 8.30 points, which is 22.49%. | For a 1.00% total portfolio risk, you can invest 4.45% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
35.28
-0.89 (-2.46%)
APPLIED DIGITAL CORP / APLD FAQ
What is the ChartMill technical rating of APPLIED DIGITAL CORP (APLD) stock?
ChartMill assigns a technical rating of 10 / 10 to APLD.
Can you provide the trend direction for APPLIED DIGITAL CORP?
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 51.2747. 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 -0.259742, indicating a bearish trend.