Taking everything into account, APLM scores 7 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
Although APLM has an excellent technical rating, the quality of the presented setup is not ideal 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
13.69
4 important support areas can be observed.
- A support zone ranging from 16.02 to 16.27. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @15.53 from a trend line in the daily time frame.
- Support @14.62 from a trend line in the daily time frame.
- A support zone ranging from 13.83 to 13.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- Resistance @18.00 from a horizontal line in the daily time frame.
- Resistance @30.28 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 | UP | POSITIVE | The long term trend for APLM is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for APLM is neutral. |
| ChartMill Relative Strength | 97.91 | POSITIVE | APLM has a high relative strength, it outperformed 97.91% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of APLM is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of APLM is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of APLM is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.52 | NEUTRAL | The RSI value for APLM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests APLM has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 49.78 | NEUTRAL | The Stochastics value for APLM is a neutral value. |
| Average True Range in percent/ATR (20) | 16.94 | HIGH VOLATILITY | The high ATR as a percentage value for APLM suggests high volalility. |
| Average Directional Index/ADX (14) | 24.42 | NEUTRAL | The ADX value for APLM suggests a possible start of a new trend. |
16.59
+0.49 (+3.04%)
APOLLOMICS INC / APLM FAQ
What is the ChartMill technical rating of APOLLOMICS INC (APLM) stock?
ChartMill assigns a technical rating of 7 / 10 to APLM.
Can you provide the trend direction for APOLLOMICS INC?
The current trend direction for APOLLOMICS INC (APLM) is Bullish.
Can you provide the RSI signal for APOLLOMICS INC?
APOLLOMICS INC (APLM) has an RSI value of 49.5167. This indicates that the stock is currently neutral.
What is the MACD signal for APOLLOMICS INC (APLM) stock?
The MACD indicator for APOLLOMICS INC (APLM) has a value of 0.0668755, indicating a bearish trend.
Can you provide the support and resistance levels for APOLLOMICS INC?
APOLLOMICS INC (APLM) has a support level at 15.53 and a resistance level at 18. Check the full technical report for our detailed analysis of APLM support and resistance levels.