APOLLO GLOBAL MANAGEMENT INC (APO) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:APO - US03769M1062 - Common Stock
Overall APO gets a technical rating of 1 out of 10. APO's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
APO has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 134.21. Right above this resistance zone may be a good entry point.
More info and screens
112.54
4 important support areas can be observed.
- A support zone ranging from 128.61 to 129.40. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @125.45 from a trend line in the daily time frame.
- A support zone ranging from 118.22 to 120.69. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @113.68 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 134.21 to 135.67. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 144.76 to 145.87. 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 | DOWN | NEGATIVE | The long term trend for APO is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for APO is neutral. |
| ChartMill Relative Strength | 20.58 | NEGATIVE | APO has a low relative strength, it was outperformed by 79.42% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of APO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of APO is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of APO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.56 | NEUTRAL | The RSI value for APO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.22 | POSITIVE | The MACD value suggests APO has a positive trend. |
| Stochastics (14,3) | 53.35 | NEUTRAL | The Stochastics value for APO is a neutral value. |
| Average True Range in percent/ATR (20) | 3.72 | MEDIUM VOLATILITY | The ATR as a percentage value for APO suggests some volalility. |
| Average Directional Index/ADX (14) | 15.02 | NEGATIVE | The low ADX value for APO suggests a weak or negative trend. |
130.62
+0.52 (+0.4%)
APOLLO GLOBAL MANAGEMENT INC / APO FAQ
Can you provide the ChartMill technical rating for APOLLO GLOBAL MANAGEMENT INC?
ChartMill assigns a technical rating of 1 / 10 to APO.
What is the current trend direction of APOLLO GLOBAL MANAGEMENT INC (APO) stock?
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 53.5644. This indicates that the stock is currently neutral.
Can you provide the short term momentum for APOLLO GLOBAL MANAGEMENT INC?
The short term momentum for APOLLO GLOBAL MANAGEMENT INC (APO) is neutral.