APPLOVIN CORP-CLASS A (APP) Stock Technical Analysis
NASDAQ:APP - US03831W1080 - Common Stock
450.68 USD
+9 (+2.04%)
449.5 USD
-1.18 (-0.26%)
Overall APP gets a technical rating of 10 out of 10. Both in the recent history as in the last year, APP has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, APP did better than 98% 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 part of the Software industry. There are 282 other stocks in this industry. APP outperforms 97% of them.
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.
In the last month APP has a been trading in the 358.55 - 473.70 range, which is quite wide. It is currently trading near the high of this range.
APP has an average volume of 5571940 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
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
306.66
468.46
We found 4 important support areas.
- Support @449.48 from a trend line in the weekly time frame.
- A support zone ranging from 412.37 to 421.29. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 394.32 to 394.55. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @309.76 from a trend line in the weekly time frame.
We found 1 important resistance area.
- Resistance @463.82 from a trend line in the daily time frame.
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 | UP | POSITIVE | The short term trend for APP is up. |
| ChartMill Relative Strength | 98.77 | POSITIVE | APP has a high relative strength, it outperformed 98.77% 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 | POSITIVE | The current price of APP is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 63.04 | NEUTRAL | The RSI value for APP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.94 | NEGATIVE | The MACD value suggests APP has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 63.57 | NEUTRAL | The Stochastics value for APP is a neutral value. |
| Average True Range in percent/ATR (20) | 5.63 | HIGH VOLATILITY | The high ATR as a percentage value for APP suggests high volalility. |
| Average Directional Index/ADX (14) | 25.01 | POSITIVE | The high ADX value value for APP suggests a strong 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)
450.68
+9 (+2.04%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg2.04%
1 Week2.77%
2 Weeks-3.2%
1 Month21.49%
3 Month14.68%
6 Month38.36%
12 Month385.28%
2 Year942.76%
3 Year1729.8%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)26.42
ATR(20)%5.63%
ATR Inc5.29%
Range Today20.37
ADR(20)23.61
ADR(20)%5.24%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.77
Mansfield3.45
10 Day High472.05
10 Day Low385.19
20 Day High473.7
20 Day Low358.55
52 Week High525.15
52 Week Low82.51
CS1 End449.48
CR1 Start463.82
Volume & EV
DER(3)3.43%
DER(5)1.58%
Volume4.02M
Volume Incr-8.84%
Vol(5)5.42M
Vol(50)5.57M