APPLE HOSPITALITY REIT INC (APLE) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:APLE - US03784Y2000 - REIT
Taking everything into account, APLE scores 1 out of 10 in our technical rating. APLE scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
APLE has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry.
More info and screens
11.07
2 important support areas can be observed.
- A support zone ranging from 11.67 to 11.75. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 11.18 to 11.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 11.80 to 11.94. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @12.27 from a trend line in the daily time frame.
- A resistance zone ranging from 13.07 to 13.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @15.00 from a trend line in the weekly 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 | DOWN | NEGATIVE | The long term trend for APLE is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for APLE is neutral. |
| ChartMill Relative Strength | 16.65 | NEGATIVE | APLE has a low relative strength, it was outperformed by 83.35% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of APLE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of APLE is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of APLE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.92 | NEUTRAL | The RSI value for APLE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests APLE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 57.63 | NEUTRAL | The Stochastics value for APLE is a neutral value. |
| Average True Range in percent/ATR (20) | 2.2 | MEDIUM VOLATILITY | The ATR as a percentage value for APLE suggests some volalility. |
| Average Directional Index/ADX (14) | 18.06 | NEGATIVE | The low ADX value for APLE suggests a weak or negative trend. |
11.8
+0.02 (+0.17%)
APPLE HOSPITALITY REIT INC / APLE FAQ
Can you provide the ChartMill technical rating for APPLE HOSPITALITY REIT INC?
ChartMill assigns a technical rating of 1 / 10 to APLE.
What is the trend direction for APLE stock?
The current trend direction for APPLE HOSPITALITY REIT INC (APLE) is Bearish.
Can you provide the RSI signal for APPLE HOSPITALITY REIT INC?
APPLE HOSPITALITY REIT INC (APLE) has an RSI value of 52.9171. This indicates that the stock is currently neutral.
Can you provide the MACD signal for APPLE HOSPITALITY REIT INC?
The MACD indicator for APPLE HOSPITALITY REIT INC (APLE) has a value of 0.0285854, indicating a bearish trend.
What is the short term momentum for APLE stock?
The short term momentum for APPLE HOSPITALITY REIT INC (APLE) is neutral.