APOLLOMICS INC (APLM) Stock Technical Analysis
NASDAQ:APLM - Nasdaq - KYG0411D1236 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to APLM. APLM'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.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, APLM is a bad performer in the overall market: 93% of all stocks are doing better.
APLM is part of the Biotechnology industry. There are 560 other stocks in this industry, of which 62% are performing better than APLM.
APLM is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so APLM is lagging the market.
In the last month APLM has a been trading in the 4.47 - 7.99 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
APLM has a poor technical rating and the quality of the setup is also only medium 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
6.03
11.41
When analyzing the support we notice one important area.
- A support zone ranging from 6.09 to 6.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
5 important resistance areas can be observed.
- Resistance @6.78 from a trend line in the daily time frame.
- Resistance @7.44 from a trend line in the weekly time frame.
- Resistance @9.18 from a trend line in the weekly time frame.
- Resistance @9.79 from a trend line in the daily time frame.
- Resistance @11.30 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 APLM is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for APLM is neutral. |
| ChartMill Relative Strength | 7.66 | NEGATIVE | APLM has a low relative strength, it was outperformed by 92.34% 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) | DOWN | NEGATIVE | The current price of APLM is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of APLM is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 49.53 | NEUTRAL | The RSI value for APLM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.12 | POSITIVE | The MACD value suggests APLM has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 52.32 | NEUTRAL | The Stochastics value for APLM is a neutral value. |
| Average True Range in percent/ATR (20) | 12.23 | HIGH VOLATILITY | The high ATR as a percentage value for APLM suggests high volalility. |
| Average Directional Index/ADX (14) | 20.23 | NEUTRAL | The ADX value for APLM suggests a possible start of a new 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)
6.1
-0.12 (-1.93%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-1.93%
1 Week-15.98%
2 Weeks31.89%
1 Month-7.44%
3 Month-1.61%
6 Month-31.46%
12 Month-79.53%
2 Year-98.49%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.84
ATR(20)%12.23%
ATR Inc16.41%
Range Today0.67
ADR(20)0.69
ADR(20)%11.23%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS7.66
Mansfield-4.91
10 Day High7.99
10 Day Low4.72
20 Day High7.99
20 Day Low4.47
52 Week High35.98
52 Week Low4.47
CS1 End6.09
CR1 Start6.78
Volume & EV
DER(3)10.89%
DER(5)7.81%
Volume4.90K
Volume Incr-32.78%
Vol(5)7.72K
Vol(50)31.12K