APPLE HOSPITALITY REIT INC (APLE) Stock Technical Analysis
NYSE:APLE - New York Stock Exchange, Inc. - US03784Y2000 - REIT - Currency: USD
Overall APLE gets a technical rating of 1 out of 10. 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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, APLE is a bad performer in the overall market: 84% of all stocks are doing better.
APLE is one of the lesser performing stocks in the Diversified REITs industry. 78% of 129 stocks in the same industry do better.
APLE is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so APLE is lagging the market.
In the last month APLE has a been trading in the 11.29 - 12.01 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
APLE has an average volume of 3179940 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
APLE has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 11.40, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for APLE in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
11.20
16.15
When analyzing the support we notice one important area.
- A support zone ranging from 11.31 to 11.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
5 important resistance areas can be observed.
- A resistance zone ranging from 11.62 to 11.86. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 12.08 to 12.30. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 14.68 to 14.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 15.35 to 15.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @15.99 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 | 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 | 16.35 | NEGATIVE | APLE has a low relative strength, it was outperformed by 83.65% 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) | UP | MIXED | The current price of APLE is below the rising 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) | 44.38 | 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) | 29.3 | NEUTRAL | The Stochastics value for APLE is a neutral value. |
| Average True Range in percent/ATR (20) | 2.24 | MEDIUM VOLATILITY | The ATR as a percentage value for APLE suggests some volalility. |
| Average Directional Index/ADX (14) | 11.37 | NEGATIVE | The low ADX value for APLE suggests a weak or negative 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)
11.52
-0.05 (-0.43%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryDiversified REITs
Performance
% Chg-0.43%
1 Week-2.95%
2 Weeks-0.86%
1 Month-4.4%
3 Month-13.58%
6 Month-26.2%
12 Month-21.04%
2 Year-23.76%
3 Year-21.47%
5 Year19.25%
10 Year-38.95%
15 YearN/A
Volatility
ATR(14)0.26
ATR(20)%2.24%
ATR Inc-12.72%
Range Today0.22
ADR(20)0.23
ADR(20)%2.01%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.35
Mansfield-2.18
10 Day High12.01
10 Day Low11.36
20 Day High12.01
20 Day Low11.29
52 Week High16.5
52 Week Low10.44
CS1 End11.4
CR1 Start11.62
Volume & EV
DER(3)3.14%
DER(5)0.66%
Volume3.72M
Volume Incr34.81%
Vol(5)3.92M
Vol(50)3.18M