APOGEE ENTERPRISES INC (APOG) Stock Technical Analysis
NASDAQ:APOG • US0375981091
Taking everything into account, APOG scores 6 out of 10 in our technical rating. In the last year, APOG was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
- When comparing the yearly performance of all stocks, APOG is a bad performer in the overall market: 64% of all stocks are doing better.
- APOG is part of the Building Products industry. There are 42 other stocks in this industry, of which 63% are performing better than APOG.
- Both the short term and long term trends are positive. This is a very positive sign.
- APOG is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
- Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
- APOG is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so APOG is lagging the market.
APOG has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry.
More info and screens
34.99
We found 2 important support areas.
- A support zone ranging from 36.80 to 37.12. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @35.34 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 41.48 to 42.05. 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 45.34 to 45.41. 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 | UP | POSITIVE | The long term trend for APOG is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for APOG is up. |
| ChartMill Relative Strength | 36.89 | NEUTRAL | APOG is not amongst the best or worst performers 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) | UP | POSITIVE | The current price of APOG is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 60.1 | NEUTRAL | The RSI value for APOG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests APOG has a negative trend. |
| Stochastics (14,3) | 64.16 | NEUTRAL | The Stochastics value for APOG is a neutral value. |
| Average True Range in percent/ATR (20) | 3.14 | MEDIUM VOLATILITY | The ATR as a percentage value for APOG suggests some volalility. |
| Average Directional Index/ADX (14) | 24.43 | NEUTRAL | The ADX value for APOG suggests a possible start of a new trend. |
41.06
+0.07 (+0.17%)
APOGEE ENTERPRISES INC / APOG FAQ
What is the ChartMill technical rating of APOGEE ENTERPRISES INC (APOG) stock?
ChartMill assigns a technical rating of 6 / 10 to APOG.
What is the current trend direction of APOGEE ENTERPRISES INC (APOG) stock?
The current trend direction for APOGEE ENTERPRISES INC (APOG) is Bullish.
Can you provide the RSI signal for APOGEE ENTERPRISES INC?
APOGEE ENTERPRISES INC (APOG) has an RSI value of 60.1025. This indicates that the stock is currently neutral.
What is the MACD signal for APOGEE ENTERPRISES INC (APOG) stock?
The MACD indicator for APOGEE ENTERPRISES INC (APOG) has a value of -0.0195715, indicating a bearish trend.
What is the buy/sell signal for APOG stock?
The buy/sell signal for APOGEE ENTERPRISES INC (APOG) is buy as both the short term and long term trends are positive.