APLS Technical Analysis - APELLIS PHARMACEUTICALS INC

Technical Rating and Analysis

Overall APLS gets a technical rating of 3 out of 10. In the last year, APLS was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.

66% of all other stocks performed better in the past year than APLS.

In the last month APLS has a been trading in the 22.71 - 28.97 range, which is quite wide. It is currently trading near the lows of this range.

Prices have been falling strongly lately, it is better to avoid new long positions here.

APLS has an average volume of 2474000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.

The long term trend is neutral, but the short term trend is negative. Better to stay away from this!

APLS is an average performer in the Biotechnology industry, it outperforms 54% of 538 stocks in the same industry.

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.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

APELLIS PHARMACEUTICALS INC / APLS Weekly stock chart

APELLIS PHARMACEUTICALS INC / APLS Daily stock chart

Setup Rating and Analysis

The technical rating of APLS is bad and it also does not present a quality setup 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.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

22.77

28.53

When analyzing the support we notice one important area.

A support zone ranging from 23.00 to 23.00. This zone is formed by a combination of multiple trend lines in multiple time frames.

We found 1 important resistance area.

Resistance @28.25 from a trend line in the daily time frame.

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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	NEUTRAL	NEUTRAL	The long term trend for APLS is neutral.
ChartMill Short Term Trend Indicator	DOWN	NEGATIVE	The short term trend for APLS is down.
ChartMill Relative Strength	34.89	NEUTRAL	APLS is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)	DOWN	NEGATIVE	The current price of APLS is below a declining SMA(20).
Simple Moving Average/SMA (50)	UP	MIXED	The current price of APLS is below the rising SMA(50).
Simple Moving Average/SMA (200)	DOWN	NEGATIVE	The current price of APLS is below a declining SMA(200).
Relative Strength Index/RSI (14)	34.38	NEUTRAL	The RSI value for APLS is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-0.71	NEGATIVE	The MACD value suggests APLS has a negative trend, although the MACD value is rising.
Stochastics (14,3)	4.45	OVERSOLD	The low Stochastics value suggests APLS may be oversold.
Average True Range in percent/ATR (20)	4.19	MEDIUM VOLATILITY	The ATR as a percentage value for APLS suggests some volalility.
Average Directional Index/ADX (14)	34.8	POSITIVE	The high ADX value value for APLS suggests a strong trend.