APPLOVIN CORP-CLASS A (APP) Technical Analysis
NASDAQ:APP • US03831W1080
Current stock price
APP Technical Rating and Analysis
Overall APP gets a technical rating of 4 out of 10. APP has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
- The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
- APP is part of the Software industry. There are 272 other stocks in this industry. APP outperforms 86% of them.
- APP has an average volume of 4866830 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Looking at the yearly performance, APP did better than 78% of all other 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 currently trading near new highs, so APP is lagging the market.
- In the last month APP has a been trading in the 364.64 - 491.99 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
APP Weekly and Daily overview Charts
APP Setup Rating and Analysis
APP has an average technical rating and also the quality of the setup is only medium 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
363.24
We found 4 important support areas.
- A support zone ranging from 448.28 to 448.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @399.37 from a trend line in the weekly time frame.
- Support @372.98 from a trend line in the daily time frame.
- Support @366.91 from a horizontal line in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 466.75 to 477.21. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @490.97 from a horizontal 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 | NEUTRAL | NEUTRAL | The short term trend for APP is neutral. |
| ChartMill Relative Strength | 78.06 | POSITIVE | APP has a high relative strength, it outperformed 78.06% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of APP is above the rising 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 | MIXED | The current price of APP is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.24 | NEUTRAL | The RSI value for APP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 2.92 | POSITIVE | The MACD value suggests APP has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 69.02 | NEUTRAL | The Stochastics value for APP is a neutral value. |
| Average True Range in percent/ATR (20) | 6.03 | HIGH VOLATILITY | The high ATR as a percentage value for APP suggests high volalility. |
| Average Directional Index/ADX (14) | 16.15 | 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
449.03
-11.26 (-2.45%)
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 4 / 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 51.2442. 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 2.91864, indicating a bullish trend.
What is the support and resistance level for APP stock?
APPLOVIN CORP-CLASS A (APP) has a support level at 448.28 and a resistance level at 466.75. Check the full technical report for our detailed analysis of APP support and resistance levels.