NASDAQ:APOG - Nasdaq - US0375981091 - Common Stock - Currency: USD
We assign a technical rating of 4 out of 10 to APOG. In the past year, APOG was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
Although the technical rating is only medium, APOG does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 43.95. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 42.68, a Stop Loss order could be placed below this zone.
37.19
2 important support areas can be observed.
When analyzing the resistance we notice one important area.
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 APOG is down. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for APOG is up. |
ChartMill Relative Strength | 12.71 | NEGATIVE | APOG has a low relative strength, it was outperformed by 87.29% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of APOG is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of APOG is above the rising SMA(50). |
Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of APOG is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 55.93 | NEUTRAL | The RSI value for APOG is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests APOG has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 44.63 | NEUTRAL | The Stochastics value for APOG is a neutral value. |
Average True Range in percent/ATR (20) | 4.38 | MEDIUM VOLATILITY | The ATR as a percentage value for APOG suggests some volalility. |
Average Directional Index/ADX (14) | 25.21 | POSITIVE | The high ADX value value for APOG suggests a strong trend. |
42.89
+0.48 (+1.13%)