APOLLO GLOBAL MANAGEMENT INC (APO) Stock Technical Analysis
USA • New York Stock Exchange • NYSE:APO • US03769M1062
Taking everything into account, APO scores 1 out of 10 in our technical rating. 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.
- 78% of all other stocks performed better in the past year than APO.
- APO is part of the Financial Services industry. There are 97 other stocks in this industry, of which 60% are performing better than APO.
- APO has an average volume of 3234300 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.
- In the last month APO has a been trading in the 122.06 - 148.08 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.
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.
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114.00
When analyzing the support we can see 4 important areas.
- A support zone ranging from 130.68 to 131.72. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @124.23 from a trend line in the weekly time frame.
- A support zone ranging from 118.22 to 118.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @115.15 from a trend line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- 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.
- A resistance zone ranging from 148.53 to 152.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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 | 22.3 | NEGATIVE | APO has a low relative strength, it was outperformed by 77.7% 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) | UP | MIXED | The current price of APO is below the rising 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) | 45 | NEUTRAL | The RSI value for APO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.71 | NEGATIVE | The MACD value suggests APO has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 37.26 | 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) | 30.85 | POSITIVE | The high ADX value value for APO suggests a strong trend. |
133.03
+6.95 (+5.51%)
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.
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 44.9957. 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 -0.713444, 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 131.72 and a resistance level at 145.07. Check the full technical report for our detailed analysis of APO support and resistance levels.