APELLIS PHARMACEUTICALS INC (APLS)       54.77  -1.96 (-3.45%)

54.77  -1.96 (-3.45%)

US03753U1060 - Common Stock - After market: 54.77 0 (0%)

Technical Rating

6

We assign a technical rating of 6 out of 10 to APLS. APLS has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.



The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
APLS is one of the better performing stocks in the Biotechnology industry, it outperforms 80% of 640 stocks in the same industry.
APLS has an average volume of 1103540 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 89% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
APLS is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
In the last month APLS has a been trading in the 45.03 - 60.64 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.

Statistics

1 Month 3 Months 6 Months 12 Months 15.16% 8.63% -13.52% 32.94% SMA(20) SMA(50) SMA(100) SMA(200) RS 52 Wk Range ST Trend LT Trend 89.8 33.32 - 70
APLS Weekly chart
APLS Daily chart

Support/Resistance Analysis


46.11

70.54
We found 3 important support areas.
  • A support zone ranging from 51.04 to 53.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @48.52 from a trend line in the daily time frame.
  • A support zone ranging from 46.58 to 47.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
  • Resistance @56.74 from a horizontal line in the daily time frame.
  • Resistance @69.84 from a horizontal line in the weekly time frame.

Setup Analysis

Setup Rating

6

APLS has an average technical rating and the quality of the presented setup is also 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.


Possible Trading Setup

The following trade can be suggested based on the decent technical rating and setup score.


ENTRYEXITDISTANCECAPITAL
56.7551.035.72 (10.08%)9.92%
An entry @56.75. This is a Buy Stop order right above the resistance zone.An exit @51.03. This is a Stop Loss order right below the support zone.The trade has a worst case loss of 5.72 points, which is 10.08%.When investing 9.92% of your capital in this trade, your total portfolio risk will be 1.00%.

  • 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.
APLS Daily chart

APELLIS PHARMACEUTICALS INC54.77

NASDAQ:APLS (2/3/2023, 5:30:10 PM)-1.96 (-3.45%)

After market: 54.77 0 (0%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS Sector Health Care
GICS Industry Biotechnology

Performance
Today -3.45% 1 Week 3.79%
2 Weeks 5.23% 1 Month 15.16%
3 Month 8.63% 6 Month -13.52%

Volatility
ATR(14) 2.48 ATR(20)% 4.27%
ATR Inc 77.76% Range Today 2.19

Trend & SMA
ST Trend LT Trend
SMA(5) SMA(10)
SMA(20) SMA(50)
SMA(100) SMA(200)

Relative Strength & Ranges
CRS 89.8 Mansfield 0.31
10 Day High 60.64 10 Day Low 48.55
20 Day High 60.64 20 Day Low 45.03
52 Week High 70 52 Week Low 33.32
CS1 End 53.03 CR1 Start 56.74

Volume & EV
DER(3) -2.76% DER(5) -2.09%
Volume 1.31M Volume Incr 70.65%
Vol(5) 1.81M Vol(50) 1.10M

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