APOLLO GLOBAL MANAGEMENT INC (APO) Technical Analysis
NYSE:APO • US03769M1062
Overall APO gets a technical rating of 0 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.
- 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: 84% of all stocks are doing better.
- APO is part of the Financial Services industry. There are 97 other stocks in this industry, of which 72% are performing better than APO.
- APO is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so APO is lagging the market.
- APO is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- APO has an average volume of 4578100 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The technical rating of APO 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.
More info and screens
103.55
When analyzing the support we notice one important area.
- A support zone ranging from 104.60 to 104.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 110.73 to 111.24. 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 118.64 to 119.28. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @143.19 from a trend line in the weekly 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 | 16.07 | NEGATIVE | APO has a low relative strength, it was outperformed by 83.93% 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) | DOWN | NEGATIVE | The current price of APO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 33.97 | NEUTRAL | The RSI value for APO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.33 | NEGATIVE | The MACD value suggests APO has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 36.81 | NEUTRAL | The Stochastics value for APO is a neutral value. |
| Average True Range in percent/ATR (20) | 5.49 | HIGH VOLATILITY | The high ATR as a percentage value for APO suggests high volalility. |
| Average Directional Index/ADX (14) | 44.31 | POSITIVE | The high ADX value value for APO suggests a strong trend. |
APO Technicals: Chart, Performance Metrics, Trend & Indicators
108.7
-2.54 (-2.28%)
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 33.9701. This indicates that the stock is currently neutral.
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 -0.334788, 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 104.6 and a resistance level at 110.73. Check the full technical report for our detailed analysis of APO support and resistance levels.