APPLOVIN CORP-CLASS A (APP) Technical Analysis
NASDAQ:APP • US03831W1080
Current stock price
APP Technical Rating and Analysis
We assign a technical rating of 1 out of 10 to APP. APP has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- In the last month APP has a been trading in the 366.64 - 520.36 range, which is quite wide. It is currently trading near the lows of this range.
- APP is part of the Software industry. There are 275 other stocks in this industry. APP outperforms 85% of them.
- APP has an average volume of 6264130 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the yearly performance of all stocks, we notice that APP is one of the better performing stocks in the market, outperforming 73% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
- APP is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so APP is lagging the market slightly.
- Considerably lower volume is observed in the last couple of days.
APP Weekly and Daily overview Charts
APP Setup Rating and Analysis
The technical rating of APP is bad and it also does not present a 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
APP Support and Resistance Analysis
363.23
3 important support areas can be observed.
- Support @381.19 from a horizontal line in the weekly time frame.
- Support @374.17 from a trend line in the daily time frame.
- A support zone ranging from 366.90 to 366.91. This zone is formed by a combination of multiple trend lines in the daily time frame.
We can see 4 important resistance areas.
- Resistance @422.42 from a trend line in the weekly time frame.
- A resistance zone ranging from 437.59 to 445.47. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @481.22 from a trend line in the daily time frame.
- Resistance @718.54 from a horizontal line in the daily time frame.
APP Technical Indicator Signal Analysis
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 APP is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for APP is down. |
| ChartMill Relative Strength | 73.99 | POSITIVE | APP has a high relative strength, it outperformed 73.99% 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) | DOWN | NEGATIVE | The current price of APP is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of APP is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 38.95 | NEUTRAL | The RSI value for APP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -5.45 | NEGATIVE | The MACD value suggests APP has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 22.66 | NEUTRAL | The Stochastics value for APP is a neutral value. |
| Average True Range in percent/ATR (20) | 6.59 | HIGH VOLATILITY | The high ATR as a percentage value for APP suggests high volalility. |
| Average Directional Index/ADX (14) | 18.45 | NEGATIVE | The low ADX value for APP suggests a weak or negative trend. |
APP Chart- and CandleStick Pattern Analysis
APP Technicals: Chart, Performance Metrics, Trend & Indicators
386.37
-1.47 (-0.38%)
APPLOVIN CORP-CLASS A / APP TA FAQ
Can you provide the ChartMill technical rating for APPLOVIN CORP-CLASS A?
ChartMill assigns a technical rating of 1 / 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 Bearish.
Can you provide the RSI signal for APPLOVIN CORP-CLASS A?
APPLOVIN CORP-CLASS A (APP) has an RSI value of 38.9494. This indicates that the stock is currently neutral.
Can you provide the MACD signal for APPLOVIN CORP-CLASS A?
The MACD indicator for APPLOVIN CORP-CLASS A (APP) has a value of -5.44522, indicating a bearish trend.
What is the support and resistance level for APP stock?
APPLOVIN CORP-CLASS A (APP) has a support level at 381.19 and a resistance level at 422.42. Check the full technical report for our detailed analysis of APP support and resistance levels.