APOGEE ENTERPRISES INC (APOG) Stock Technical Analysis
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.
When comparing the yearly performance of all stocks, APOG is a bad performer in the overall market: 88% of all stocks are doing better.
APOG is one of the lesser performing stocks in the Building Products industry. 77% of 41 stocks in the same industry do better.
APOG is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month APOG has a been trading in the 38.16 - 49.99 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
Considerably lower volume is observed in the last couple of days.
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.
More info and screens
37.19
44.41
2 important support areas can be observed.
- A support zone ranging from 42.31 to 42.68. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 37.57 to 38.72. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 43.95 to 43.97. 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 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. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
42.89
+0.48 (+1.13%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryBuilding Products
Performance
% Chg1.13%
1 Week2.19%
2 Weeks-2.39%
1 Month8.12%
3 Month8.91%
6 Month-22.07%
12 Month-37.07%
2 Year-13.41%
3 Year3.08%
5 Year98.66%
10 Year-22.27%
15 Year280.91%
Volatility
ATR(14)1.13
ATR(20)%4.38%
ATR Inc-43.18%
Range Today0.59
ADR(20)1.75
ADR(20)%4.07%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS12.71
Mansfield-3.22
10 Day High43.99
10 Day Low40.92
20 Day High49.99
20 Day Low38.16
52 Week High87.93
52 Week Low37.53
CS1 End42.68
CR1 Start43.95
Volume & EV
DER(3)-1.33%
DER(5)-1.23%
Volume101.40K
Volume Incr-67.29%
Vol(5)128.64K
Vol(50)251.97K