APOLLO GLOBAL MANAGEMENT INC (APO) Stock Technical Analysis
USA • New York Stock Exchange • NYSE:APO • US03769M1062
Overall APO gets a technical rating of 0 out of 10. APO scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, APO is a bad performer in the overall market: 81% of all stocks are doing better.
- APO is part of the Financial Services industry. There are 97 other stocks in this industry, of which 63% are performing better than APO.
- In the last month APO has a been trading in the 122.06 - 153.29 range, which is quite wide. It is currently trading near the lows of this range.
- APO has an average volume of 3084200 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- APO is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so APO is lagging the market.
- Volume is considerably higher in the last couple of days.
The technical rating of APO is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
114.00
2 important support areas can be observed.
- Support @124.23 from a trend line in the weekly time frame.
- Support @115.15 from a trend line in the weekly time frame.
When analyzing the resistance we notice 6 important areas.
- Resistance @130.68 from a horizontal line in the daily time frame.
- A resistance zone ranging from 134.08 to 134.55. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 137.40 to 140.62. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 145.07 to 145.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @150.33 from a horizontal line in the daily time frame.
- Resistance @156.05 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 APO is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for APO is down. |
| ChartMill Relative Strength | 19.1 | NEGATIVE | APO has a low relative strength, it was outperformed by 80.9% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of APO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of APO is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of APO is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 27.9 | OVERSOLD | The low RSI value suggests APO may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.3 | NEGATIVE | The MACD value suggests APO has a negative trend. |
| Stochastics (14,3) | 25.73 | NEUTRAL | The Stochastics value for APO is a neutral value. |
| Average True Range in percent/ATR (20) | 3.59 | MEDIUM VOLATILITY | The ATR as a percentage value for APO suggests some volalility. |
| Average Directional Index/ADX (14) | 28.07 | POSITIVE | The high ADX value value for APO suggests a strong trend. |
126.85
-6.34 (-4.76%)
APOLLO GLOBAL MANAGEMENT INC / APO FAQ
Can you provide the ChartMill technical rating for APOLLO GLOBAL MANAGEMENT INC?
ChartMill assigns a technical rating of 0 / 10 to APO.
Can you provide the trend direction for APOLLO GLOBAL MANAGEMENT INC?
The current trend direction for APOLLO GLOBAL MANAGEMENT INC (APO) is Bearish.
What is the RSI signal for APO stock?
APOLLO GLOBAL MANAGEMENT INC (APO) has an RSI value of 27.9008. This indicates that the stock is currently oversold.
What is the MACD signal for APOLLO GLOBAL MANAGEMENT INC (APO) stock?
The MACD indicator for APOLLO GLOBAL MANAGEMENT INC (APO) has a value of -1.30009, indicating a bearish trend.
What are the support and resistance levels for APOLLO GLOBAL MANAGEMENT INC (APO) stock?
APOLLO GLOBAL MANAGEMENT INC (APO) has a support level at 124.23 and a resistance level at 130.68. Check the full technical report for our detailed analysis of APO support and resistance levels.