APPLE HOSPITALITY REIT INC (APLE) Technical Analysis
NYSE:APLE • US03784Y2000
Current stock price
APLE Technical Rating and Analysis
We assign a technical rating of 8 out of 10 to APLE. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, APLE is only an average performer.
- Both the short term and long term trends are positive. This is a very positive sign.
- A new 52 week high is currently being made by APLE, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
- In the last month APLE has a been trading in the 11.36 - 13.47 range, which is quite wide. It is currently trading near the high of this range.
- APLE has an average volume of 3319610 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the performance of all stocks over the past year, APLE turns out to be only a medium performer in the overall market: it outperformed 69% of all stocks.
- APLE is an average performer in the Diversified REITs industry, it outperforms 65% of 121 stocks in the same industry.
APLE Weekly and Daily overview Charts
APLE Setup Rating and Analysis
Although APLE has an excellent technical rating, it does not offer a high quality setup 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
APLE Support and Resistance Analysis
11.20
We found 2 important support areas.
- Support @11.89 from a horizontal line in the daily time frame.
- A support zone ranging from 11.31 to 11.48. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 13.40 to 13.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
APLE Technical Indicator Signal Analysis
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 APLE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for APLE is up. |
| ChartMill Relative Strength | 69.99 | NEUTRAL | APLE is not amongst the best or worst performers 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) | UP | POSITIVE | The current price of APLE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of APLE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 74 | OVERBOUGHT | The high RSI value suggests APLE may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests APLE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 94.92 | OVERBOUGHT | The high Stochastics value suggests APLE may be overbought. |
| Average True Range in percent/ATR (20) | 2.16 | MEDIUM VOLATILITY | The ATR as a percentage value for APLE suggests some volalility. |
| Average Directional Index/ADX (14) | 32.94 | POSITIVE | The high ADX value value for APLE suggests a strong trend. |
APLE Chart- and CandleStick Pattern Analysis
APLE Technicals: Chart, Performance Metrics, Trend & Indicators
13.39
+0.05 (+0.37%)
APPLE HOSPITALITY REIT INC / APLE TA FAQ
Can you provide the ChartMill technical rating for APPLE HOSPITALITY REIT INC?
ChartMill assigns a technical rating of 8 / 10 to APLE.
What is the current trend direction of APPLE HOSPITALITY REIT INC (APLE) stock?
The current trend direction for APPLE HOSPITALITY REIT INC (APLE) is Bullish.
What is the RSI signal for APLE stock?
APPLE HOSPITALITY REIT INC (APLE) has an RSI value of 74. This indicates that the stock is currently overbought.
Can you provide the MACD signal for APPLE HOSPITALITY REIT INC?
The MACD indicator for APPLE HOSPITALITY REIT INC (APLE) has a value of 0.0912231, indicating a bearish trend.
What is the short term momentum for APPLE HOSPITALITY REIT INC (APLE) stock?
The short term momentum for APPLE HOSPITALITY REIT INC (APLE) is positive.