APPIAN CORP-A (APPN) Stock Technical Analysis
NASDAQ:APPN - Nasdaq - US03782L1017 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to APPN. APPN scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
68% of all other stocks performed better in the past year than APPN.
APPN is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so APPN is lagging the market.
In the last month APPN has a been trading in the 27.63 - 32.73 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
APPN is an average performer in the Software industry, it outperforms 48% of 284 stocks in the same industry.
The technical rating of APPN is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
25.51
40.06
When analyzing the support we notice one important area.
- Support @25.77 from a horizontal line in the daily time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 30.50 to 30.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 31.69 to 32.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @35.10 from a trend line in the weekly time frame.
- Resistance @39.66 from a horizontal 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 | NEUTRAL | NEUTRAL | The long term trend for APPN is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for APPN is down. |
| ChartMill Relative Strength | 32 | NEUTRAL | APPN is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of APPN is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of APPN is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of APPN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 32.92 | NEUTRAL | The RSI value for APPN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.34 | NEGATIVE | The MACD value suggests APPN has a negative trend. |
| Stochastics (14,3) | 19.1 | OVERSOLD | The low Stochastics value suggests APPN may be oversold. |
| Average True Range in percent/ATR (20) | 3.21 | MEDIUM VOLATILITY | The ATR as a percentage value for APPN suggests some volalility. |
| Average Directional Index/ADX (14) | 16.79 | NEGATIVE | The low ADX value for APPN 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)
28.2
-1.92 (-6.37%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-6.37%
1 Week-7.81%
2 Weeks-11.32%
1 Month-9.38%
3 Month-8.41%
6 Month-20.07%
12 Month0.79%
2 Year-40.76%
3 Year-40.46%
5 Year-44.98%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.97
ATR(20)%3.21%
ATR Inc143.66%
Range Today3.06
ADR(20)0.85
ADR(20)%3.02%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS32
Mansfield-1.66
10 Day High32.46
10 Day Low27.63
20 Day High32.73
20 Day Low27.63
52 Week High43.33
52 Week Low24
CS1 End25.77
CR1 Start30.5
Volume & EV
DER(3)0.4%
DER(5)-0.29%
Volume992.84K
Volume Incr-8.35%
Vol(5)510.17K
Vol(50)591.46K