APPLIED DIGITAL CORP (APLD) Stock Technical Analysis
NASDAQ:APLD - US0381692070 - Common Stock
15.98 USD
-0.62 (-3.73%)
15.92 USD
-0.06 (-0.38%)
Overall APLD gets a technical rating of 10 out of 10. 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 long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that APLD is one of the better performing stocks in the market, outperforming 99% 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 83 stocks in the same industry.
APLD is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month APLD has a been trading in the 12.35 - 17.60 range, which is quite wide. It is currently trading near the high of this range.
APLD has an average volume of 33135000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Besides having an excellent technical rating, APLD also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price.
More info and screens
11.36
16.87
When analyzing the support we can see 3 important areas.
- Support @14.02 from a horizontal line in the daily time frame.
- A support zone ranging from 12.04 to 12.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @11.47 from a trend line in the daily time frame.
We found 1 important resistance area.
- Resistance @16.70 from a horizontal line in the daily 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 | UP | POSITIVE | The long term trend for APLD is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for APLD is up. |
| ChartMill Relative Strength | 99.03 | POSITIVE | APLD has a high relative strength, it outperformed 99.03% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of APLD is above 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) | 61.45 | NEUTRAL | The RSI value for APLD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests APLD has a negative trend. |
| Stochastics (14,3) | 76.38 | NEUTRAL | The Stochastics value for APLD is a neutral value. |
| Average True Range in percent/ATR (20) | 8.13 | HIGH VOLATILITY | The high ATR as a percentage value for APLD suggests high volalility. |
| Average Directional Index/ADX (14) | 38.23 | 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)
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 |
|---|---|---|---|
| 16.71 | 14.02 | 2.69 (16.10%) | 6.21% |
| An entry @16.71. This is a Buy Stop order right above the resistance zone. | An exit @14.02. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 2.69 points, which is 16.10%. | For a 1.00% total portfolio risk, you can invest 6.21% 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.
15.98
-0.62 (-3.73%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryIT Services
Performance
% Chg-3.73%
1 Week-0.44%
2 Weeks13.41%
1 Month27.64%
3 Month133.97%
6 Month99.75%
12 Month337.81%
2 Year164.57%
3 Year574.26%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.33
ATR(20)%8.13%
ATR Inc15.01%
Range Today1.72
ADR(20)1.27
ADR(20)%7.95%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.03
Mansfield7.11
10 Day High17.6
10 Day Low14.03
20 Day High17.6
20 Day Low12.35
52 Week High17.6
52 Week Low3.01
CS1 End14.02
CR1 Start16.7
Volume & EV
DER(3)-0.78%
DER(5)0.97%
Volume28.06M
Volume Incr-23.64%
Vol(5)27.26M
Vol(50)33.13M