APPFOLIO INC - A (APPF) Stock Technical Analysis
USA - NASDAQ:APPF - US03783C1009 - Common Stock
281.57 USD
+1.68 (+0.6%)
281.57 USD
0 (0%)
Taking everything into account, APPF scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, APPF has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
In the last month APPF has a been trading in the 267.90 - 288.74 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
Looking at the yearly performance, APPF did better than 80% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
APPF is an average performer in the Software industry, it outperforms 69% of 279 stocks in the same industry.
APPF is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so APPF is lagging the market.
Besides having an excellent technical rating, APPF also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 280.57, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- 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.
More info and screens
198.55
284.39
3 important support areas can be observed.
- A support zone ranging from 271.53 to 280.57. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 265.29 to 267.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @200.56 from a trend line in the weekly 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 APPF is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for APPF is up. |
| ChartMill Relative Strength | 80.48 | POSITIVE | APPF has a high relative strength, it outperformed 80.48% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of APPF is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of APPF is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of APPF is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 55.38 | NEUTRAL | The RSI value for APPF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.41 | NEGATIVE | The MACD value suggests APPF has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 48.49 | NEUTRAL | The Stochastics value for APPF is a neutral value. |
| Average True Range in percent/ATR (20) | 2.12 | MEDIUM VOLATILITY | The ATR as a percentage value for APPF suggests some volalility. |
| Average Directional Index/ADX (14) | 16.75 | NEGATIVE | The low ADX value for APPF suggests a weak or negative 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 288.75 | 272.49 | 16.25 (5.63%) | 17.76% |
| An entry @288.75. This is a Buy Stop order right above the 10 day high. | An exit @272.49. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 16.25 points, which is 5.63%. | For a 1.00% total portfolio risk, you can invest 17.76% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
281.57
+1.68 (+0.6%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg0.6%
1 Week1.98%
2 Weeks-1.14%
1 Month4.3%
3 Month26.1%
6 Month30.74%
12 Month20.44%
2 Year54.18%
3 Year168.88%
5 Year98.55%
10 Year1571.04%
15 YearN/A
Volatility
ATR(14)6.24
ATR(20)%2.12%
ATR Inc-13.97%
Range Today5.77
ADR(20)5.88
ADR(20)%2.09%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.48
Mansfield0.67
10 Day High288.74
10 Day Low272.5
20 Day High288.74
20 Day Low267.9
52 Week High326.04
52 Week Low189.01
CS1 End280.57
CR1 StartN/A
Volume & EV
DER(3)1.46%
DER(5)1.6%
Volume346.00K
Volume Incr-12.88%
Vol(5)217.94K
Vol(50)315.63K