APPFOLIO INC - A (APPF) Stock Technical Analysis
NASDAQ:APPF - Nasdaq - US03783C1009 - Common Stock - Currency: USD
We assign a technical rating of 9 out of 10 to APPF. 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.
APPF is part of the Software industry. There are 282 other stocks in this industry. APPF outperforms 83% of them.
APPF is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month APPF has a been trading in the 236.06 - 326.04 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
When comparing the yearly performance of all stocks, we notice that APPF is one of the better performing stocks in the market, outperforming 91% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although APPF has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
190.15
316.84
We found 4 important support areas.
- A support zone ranging from 263.00 to 264.52. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @246.34 from a trend line in the daily time frame.
- Support @198.12 from a trend line in the weekly time frame.
- Support @192.07 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 APPF is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for APPF is up. |
| ChartMill Relative Strength | 91.37 | POSITIVE | APPF has a high relative strength, it outperformed 91.37% 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) | 80.22 | OVERBOUGHT | The high RSI value suggests APPF may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 6.1 | POSITIVE | The MACD value suggests APPF has a positive trend. |
| Stochastics (14,3) | 92.38 | OVERBOUGHT | The high Stochastics value suggests APPF may be overbought. |
| Average True Range in percent/ATR (20) | 3.08 | MEDIUM VOLATILITY | The ATR as a percentage value for APPF suggests some volalility. |
| Average Directional Index/ADX (14) | 45.76 | POSITIVE | The high ADX value value for APPF 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)
313.7
-7.55 (-2.35%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-2.35%
1 Week20.39%
2 Weeks22.78%
1 Month29.08%
3 Month46.39%
6 Month40.69%
12 Month46.64%
2 Year62.73%
3 Year209.43%
5 Year86.69%
10 Year1859.4%
15 YearN/A
Volatility
ATR(14)10.88
ATR(20)%3.08%
ATR Inc14.41%
Range Today13.01
ADR(20)8.66
ADR(20)%2.76%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.37
Mansfield2.6
10 Day High326.04
10 Day Low255.2
20 Day High326.04
20 Day Low236.06
52 Week High326.04
52 Week Low189.01
CS1 End264.52
CR1 StartN/A
Volume & EV
DER(3)2.54%
DER(5)2.18%
Volume564.43K
Volume Incr173.51%
Vol(5)664.87K
Vol(50)302.18K