APPLIED DIGITAL CORP (APLD) Stock Technical Analysis
NASDAQ:APLD - Nasdaq - US0381692070 - Common Stock - Currency: USD
Overall APLD gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, APLD is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
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.
APLD is part of the IT Services industry. There are 82 other stocks in this industry. APLD outperforms 95% of them.
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 9.02 - 15.20 range, which is quite wide. It is currently trading near the high of this range.
APLD has an average volume of 54394600 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although APLD has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
10.39
14.94
When analyzing the support we can see 2 important areas.
- A support zone ranging from 10.67 to 10.92. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @10.49 from a trend 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 | 98.91 | POSITIVE | APLD has a high relative strength, it outperformed 98.91% 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) | 70.21 | OVERBOUGHT | The high RSI value suggests APLD may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.44 | POSITIVE | The MACD value suggests APLD has a positive trend. |
| Stochastics (14,3) | 96.56 | OVERBOUGHT | The high Stochastics value suggests APLD may be overbought. |
| Average True Range in percent/ATR (20) | 7.11 | HIGH VOLATILITY | The high ATR as a percentage value for APLD suggests high volalility. |
| Average Directional Index/ADX (14) | 26.3 | 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)
14.79
-0.1 (-0.67%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryIT Services
Performance
% Chg-0.67%
1 Week47.46%
2 Weeks35.32%
1 Month55.52%
3 Month174.4%
6 Month89.86%
12 Month279.23%
2 Year144.87%
3 Year524.05%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.23
ATR(20)%7.11%
ATR Inc3.17%
Range Today1.1
ADR(20)0.91
ADR(20)%6.13%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.91
Mansfield7.25
10 Day High15.2
10 Day Low9.79
20 Day High15.2
20 Day Low9.02
52 Week High15.42
52 Week Low3.01
CS1 End10.92
CR1 StartN/A
Volume & EV
DER(3)5.58%
DER(5)4.07%
Volume32.66M
Volume Incr113.78%
Vol(5)61.24M
Vol(50)54.39M