APELLIS PHARMACEUTICALS INC (APLS) Stock Technical Analysis
NASDAQ:APLS - US03753U1060 - Common Stock
28.22 USD
+0.29 (+1.04%)
28.22 USD
0 (0%)
Taking everything into account, APLS scores 8 out of 10 in our technical rating. Although APLS is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
The long and short term trends are both positive. This is looking good!
APLS is one of the better performing stocks in the Biotechnology industry, it outperforms 71% of 547 stocks in the same industry.
In the last month APLS has a been trading in the 20.45 - 28.87 range, which is quite wide. It is currently trading near the high of this range.
APLS has an average volume of 2424200 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, APLS did better than 79% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
APLS is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so APLS is lagging the market.
APLS has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 28.23. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for APLS 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
18.42
28.51
When analyzing the support we can see 3 important areas.
- Support @26.58 from a horizontal line in the daily time frame.
- Support @20.42 from a trend line in the daily time frame.
- Support @18.61 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 28.23 to 28.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 APLS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for APLS is up. |
| ChartMill Relative Strength | 79.97 | POSITIVE | APLS has a high relative strength, it outperformed 79.97% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of APLS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of APLS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of APLS is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 73.09 | OVERBOUGHT | The high RSI value suggests APLS may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests APLS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 82.23 | OVERBOUGHT | The high Stochastics value suggests APLS may be overbought. |
| Average True Range in percent/ATR (20) | 4.45 | MEDIUM VOLATILITY | The ATR as a percentage value for APLS suggests some volalility. |
| Average Directional Index/ADX (14) | 46.48 | POSITIVE | The high ADX value value for APLS suggests a strong 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 28.24 | 26.57 | 1.67 (5.91%) | 16.91% |
| An entry @28.24. This is a Buy Stop order right above the resistance zone. | An exit @26.57. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.67 points, which is 5.91%. | For a 1.00% total portfolio risk, you can invest 16.91% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
28.22
+0.29 (+1.04%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg1.04%
1 Week6.17%
2 Weeks6.17%
1 Month48.53%
3 Month66.69%
6 Month12.21%
12 Month-27.45%
2 Year-33.14%
3 Year-53.36%
5 Year-8.47%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.06
ATR(20)%4.45%
ATR Inc-34.77%
Range Today0.78
ADR(20)1.17
ADR(20)%4.14%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS79.97
Mansfield0.01
10 Day High28.87
10 Day Low26.06
20 Day High28.87
20 Day Low20.45
52 Week High41.94
52 Week Low16.1
CS1 End26.58
CR1 Start28.23
Volume & EV
DER(3)3.3%
DER(5)2.56%
Volume2.30M
Volume Incr-47.38%
Vol(5)1.73M
Vol(50)2.42M