ARCHROCK PARTNERS L P (APLP) Technical Analysis
NASDAQ:APLP • US03957U1007
Current stock price
APLP Technical Rating and Analysis
Taking everything into account, APLP scores 7 out of 10 in our technical rating. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, APLP is a bad performer.
- 61% of all other stocks performed better in the past year than APLP.
- Both the short term and long term trends are positive. This is a very positive sign.
- APLP is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so APLP is lagging the market slightly.
- In the last month APLP has a been trading in the 11.55 - 15.71 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days.
APLP Weekly and Daily overview Charts
APLP Setup Rating and Analysis
Although APLP has an excellent technical rating, it does not present a decent entry opportunity 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
APLP Support and Resistance Analysis
11.59
4 important support areas can be observed.
- A support zone ranging from 14.46 to 14.62. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @12.47 from a trend line in the weekly time frame.
- Support @11.92 from a trend line in the daily time frame.
- Support @11.71 from a trend line in the daily time frame.
APLP 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 APLP is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for APLP is up. |
| ChartMill Relative Strength | 39.47 | NEUTRAL | APLP is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of APLP is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of APLP is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of APLP is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 72.51 | OVERBOUGHT | The high RSI value suggests APLP may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.16 | POSITIVE | The MACD value suggests APLP has a positive trend. |
| Stochastics (14,3) | 88.56 | OVERBOUGHT | The high Stochastics value suggests APLP may be overbought. |
| Average True Range in percent/ATR (20) | 3.71 | MEDIUM VOLATILITY | The ATR as a percentage value for APLP suggests some volalility. |
APLP Chart- and CandleStick Pattern Analysis
APLP Technicals: Chart, Performance Metrics, Trend & Indicators
15.3
+0.39 (+2.62%)
ARCHROCK PARTNERS L P / APLP TA FAQ
What is the technical rating for APLP stock?
ChartMill assigns a technical rating of 7 / 10 to APLP.
What is the trend direction for APLP stock?
The current trend direction for ARCHROCK PARTNERS L P (APLP) is Bullish.
What is the RSI signal for APLP stock?
ARCHROCK PARTNERS L P (APLP) has an RSI value of 72.5139. This indicates that the stock is currently overbought.
What is the MACD signal for APLP stock?
The MACD indicator for ARCHROCK PARTNERS L P (APLP) has a value of 0.162244, indicating a bearish trend.
What is the support and resistance level for APLP stock?
ARCHROCK PARTNERS L P (APLP) has a support level at 14.62. Check the full technical report for our detailed analysis of APLP support and resistance levels.