APPLOVIN CORP-CLASS A (APP) Stock Technical Analysis
NASDAQ:APP • US03831W1080
Taking everything into account, APP scores 0 out of 10 in our technical rating. APP's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 76% of all other stocks performed better in the past year than APP.
- In the last month APP has a been trading in the 359.00 - 569.92 range, which is quite wide. It is currently trading near the lows of this range.
- APP is one of the better performing stocks in the Software industry, it outperforms 78% of 274 stocks in the same industry.
- APP has an average volume of 5875450 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- 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.
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
363.23
We found 2 important support areas.
- Support @390.54 from a horizontal line in the weekly time frame.
- A support zone ranging from 366.90 to 368.72. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 415.64 to 418.69. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @718.54 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 | 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 | 24.53 | NEGATIVE | APP has a low relative strength, it was outperformed by 75.47% 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) | 39.07 | NEUTRAL | The RSI value for APP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 3.08 | POSITIVE | The MACD value suggests APP has a positive trend. |
| Stochastics (14,3) | 28.26 | NEUTRAL | The Stochastics value for APP is a neutral value. |
| Average True Range in percent/ATR (20) | 10.31 | HIGH VOLATILITY | The high ATR as a percentage value for APP suggests high volalility. |
| Average Directional Index/ADX (14) | 33.87 | POSITIVE | The high ADX value value for APP suggests a strong trend. |
393.22
+12.6 (+3.31%)
APPLOVIN CORP-CLASS A / APP FAQ
Can you provide the ChartMill technical rating for APPLOVIN CORP-CLASS A?
ChartMill assigns a technical rating of 0 / 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.
What is the RSI signal for APPLOVIN CORP-CLASS A (APP) stock?
APPLOVIN CORP-CLASS A (APP) has an RSI value of 39.0675. 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 3.08063, indicating a bullish 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.