647.72 USD
+31.19 (+5.06%)
648.33 USD
+0.61 (+0.09%)
We assign a technical rating of 7 out of 10 to APP. In the last year, APP was one of the better performers, but we do observe some doubts in the very recent evolution.
In the last month APP has a been trading in the 595.51 - 738.01 range, which is quite wide. It is currently trading near the lows of this range.
Looking at the yearly performance, APP did better than 93% of all other 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 93% of 276 stocks in the same industry.
APP is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so APP is lagging the market slightly.
APP has an average volume of 4005250 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
Although APP has an excellent technical rating, it does not present a decent entry opportunity 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
740.95
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.
When analyzing the resistance we notice one important 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. |
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)
647.72
+31.19 (+5.06%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg5.06%
1 Week4.75%
2 Weeks-10.97%
1 Month-7.9%
3 Month13.66%
6 Month93.29%
12 Month103.38%
2 Year1474.81%
3 Year5000.16%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)31.4
ATR(20)%5.05%
ATR Inc0.74%
Range Today37.48
ADR(20)30.79
ADR(20)%4.75%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.69
3 months CRS82.72
6 months CRS96.01
Mansfield3.09
10 Day High732
10 Day Low595.51
20 Day High738.01
20 Day Low595.51
52 Week High745.61
52 Week Low200.5
CS1 End618.31
CR1 Start721.38
Volume & EV
DER(3)4%
DER(5)2.51%
Volume3.55M
Volume Incr3.53%
Vol(5)3.59M
Vol(50)4.01M
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.