APPLE HOSPITALITY REIT INC (APLE) Stock Technical Analysis
USA - NYSE:APLE - US03784Y2000 - REIT
Overall APLE gets a technical rating of 0 out of 10. APLE's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
APLE has a poor technical rating and the quality of the setup is also not perfect 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
11.07
When analyzing the support we notice one important area.
- Support @11.18 from a horizontal line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 11.48 to 11.94. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 12.14 to 12.28. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @14.94 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 | DOWN | NEGATIVE | The short term trend for APLE is down. |
| ChartMill Relative Strength | 15.86 | NEGATIVE | APLE has a low relative strength, it was outperformed by 84.14% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of APLE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of APLE is below 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) | 30.92 | NEUTRAL | The RSI value for APLE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests APLE has a negative trend. |
| Stochastics (14,3) | 44.39 | NEUTRAL | The Stochastics value for APLE is a neutral value. |
| Average True Range in percent/ATR (20) | 2.18 | MEDIUM VOLATILITY | The ATR as a percentage value for APLE suggests some volalility. |
| Average Directional Index/ADX (14) | 35.21 | POSITIVE | The high ADX value value for APLE suggests a strong trend. |
11.19
-0.21 (-1.84%)
APPLE HOSPITALITY REIT INC / APLE FAQ
Can you provide the ChartMill technical rating for APPLE HOSPITALITY REIT INC?
ChartMill assigns a technical rating of 0 / 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 30.9173. 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 -0.00390985, indicating a bearish trend.
What is the short term momentum for APLE stock?
The short term momentum for APPLE HOSPITALITY REIT INC (APLE) is negative.