APPLOVIN CORP-CLASS A (APP)
US03831W1080 - Common Stock
Overall APP gets a technical rating of 9 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
When comparing the yearly performance of all stocks, we notice that APP is one of the better performing stocks in the market, outperforming 99% of all stocks. We also observe that the gains produced by APP over the past year are nicely spread over this period.
APP is one of the better performing stocks in the Software industry, it outperforms 97% of 276 stocks in the same industry.
APP is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so APP is performing more or less in line with the market.
In the last month APP has a been trading in the 65.70 - 79.55 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.
APP has an average volume of 4571950 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, APP also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 66.80, a Stop Loss order could be placed below this zone.
More info and screens
43.15
71.89
We found 3 important support areas.
- A support zone ranging from 66.80 to 66.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @48.70 from a trend line in the daily time frame.
- Support @43.59 from a trend line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.14
Mansfield5.72
10 Day High78.88
10 Day Low65.7
20 Day High79.55
20 Day Low65.7
52 Week High79.55
52 Week Low15.7
Performance
1 Week-1.57%
2 Weeks-6.97%
1 Month-1.95%
3 Month60.69%
6 Month96.54%
12 Month318.74%
2 Year86.59%
3 Year22.71%
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-1.24
RSI(14)53.25
LBB65.82
UBB80.13
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 71.96 | 66.79 | 5.17 (7.18%) | 13.92% |
| An entry @71.96. This is a Buy Stop order right above the 10 day moving average. | An exit @66.79. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 5.17 points, which is 7.18%. | When investing 13.92% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of APP. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
APPLOVIN CORP-CLASS A
NASDAQ:APP (4/23/2024, 6:45:09 PM)
After market: 71.9 +0.72 (+1.01%)71.18
+3.33 (+4.91%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg4.91%
1 Week-1.57%
2 Weeks-6.97%
1 Month-1.95%
3 Month60.69%
6 Month96.54%
12 Month318.74%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)3.54
ATR(20)%4.82%
ATR Inc
Range Today2.81
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High78.88
10 Day Low65.7
20 Day High79.55
20 Day Low65.7
52 Week High79.55
52 Week Low15.7
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume2.53M
Volume Incr-31.64%
Vol(5)2.69M
Vol(50)4.57M