We assign a technical rating of 7 out of 10 to APP. 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.
Although APP has an excellent technical rating, it does not offer a high 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.
More info and screens
315.30
We found 4 important support areas.
- A support zone ranging from 616.52 to 618.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 580.20 to 584.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @391.54 from a trend line in the weekly time frame.
- Support @318.48 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 721.38 to 733.61. 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 APP is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for APP is down. |
| ChartMill Relative Strength | 93.69 | POSITIVE | APP has a high relative strength, it outperformed 93.69% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of APP is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of APP is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of APP is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 48.03 | NEUTRAL | The RSI value for APP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -11.2 | NEGATIVE | The MACD value suggests APP has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 25.88 | NEUTRAL | The Stochastics value for APP is a neutral value. |
| Average True Range in percent/ATR (20) | 5.05 | HIGH VOLATILITY | The high ATR as a percentage value for APP suggests high volalility. |
| Average Directional Index/ADX (14) | 23.42 | NEUTRAL | The ADX value for APP suggests a possible start of a new trend. |
647.72
+31.19 (+5.06%)
APPLOVIN CORP-CLASS A / APP FAQ
Can you provide the ChartMill technical rating for APPLOVIN CORP-CLASS A?
ChartMill assigns a technical rating of 7 / 10 to APP.
What is the current trend direction of APPLOVIN CORP-CLASS A (APP) stock?
The current trend direction for APPLOVIN CORP-CLASS A (APP) is Bullish.
What is the RSI signal for APPLOVIN CORP-CLASS A (APP) stock?
APPLOVIN CORP-CLASS A (APP) has an RSI value of 48.027. This indicates that the stock is currently neutral.
What is the MACD signal for APP stock?
The MACD indicator for APPLOVIN CORP-CLASS A (APP) has a value of -11.2006, indicating a bearish trend.
Can you provide the short term momentum for APPLOVIN CORP-CLASS A?
The short term momentum for APPLOVIN CORP-CLASS A (APP) is negative.