APPLOVIN CORP-CLASS A (APP) Stock Technical Analysis
USA - NASDAQ:APP - US03831W1080 - Common Stock
Taking everything into account, APP scores 10 out of 10 in our technical rating. 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.
Besides having an excellent technical rating, APP also presents a decent setup pattern. Prices have been consolidating lately. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
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4 important support areas can be observed.
- Support @593.80 from a trend line in the daily time frame.
- A support zone ranging from 569.88 to 571.18. This zone is formed by a combination of multiple trend lines and important moving averages in the weekly time frame.
- Support @552.63 from a horizontal line in the daily time frame.
- Support @352.80 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 625.49 to 625.82. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @643.11 from a horizontal 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 | NEUTRAL | NEUTRAL | The short term trend for APP is neutral. |
| ChartMill Relative Strength | 95.42 | POSITIVE | APP has a high relative strength, it outperformed 95.42% 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) | 52.43 | NEUTRAL | The RSI value for APP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.31 | NEGATIVE | The MACD value suggests APP has a negative trend. |
| Stochastics (14,3) | 66.52 | NEUTRAL | The Stochastics value for APP is a neutral value. |
| Average True Range in percent/ATR (20) | 4.88 | MEDIUM VOLATILITY | The ATR as a percentage value for APP suggests some volalility. |
| Average Directional Index/ADX (14) | 17.55 | NEGATIVE | The low ADX value for APP suggests a weak or negative trend. |
619.93
-1.43 (-0.23%)
APPLOVIN CORP-CLASS A / APP FAQ
What is the technical rating for APP stock?
ChartMill assigns a technical rating of 10 / 10 to APP.
What is the trend direction for 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 52.4275. This indicates that the stock is currently neutral.
What is the MACD signal for APPLOVIN CORP-CLASS A (APP) stock?
The MACD indicator for APPLOVIN CORP-CLASS A (APP) has a value of -0.312326, indicating a bearish trend.
Can you provide the support and resistance levels for APPLOVIN CORP-CLASS A?
APPLOVIN CORP-CLASS A (APP) has a support level at 593.8 and a resistance level at 625.49. Check the full technical report for our detailed analysis of APP support and resistance levels.