DIGITAL TURBINE INC (APPS) Stock Technical Analysis
NASDAQ:APPS - Nasdaq - US25400W1027 - Common Stock - Currency: USD
Overall APPS gets a technical rating of 9 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
In the last month APPS has a been trading in the 4.97 - 7.77 range, which is quite wide. It is currently trading near the lows of this range.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
When comparing the yearly performance of all stocks, we notice that APPS is one of the better performing stocks in the market, outperforming 96% of all stocks. We also observe that the gains produced by APPS over the past year are nicely spread over this period.
APPS is one of the better performing stocks in the Software industry, it outperforms 91% of 282 stocks in the same industry.
APPS has an average volume of 6700960 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
APPS is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so APPS is lagging the market.
Considerably lower volume is observed in the last couple of days.
APPS has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 5.07, a Stop Loss order could be placed below this zone.
More info and screens
2.89
5.30
We found 3 important support areas.
- A support zone ranging from 5.04 to 5.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @3.13 from a trend line in the weekly time frame.
- Support @2.92 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 5.21 to 5.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 APPS is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for APPS is neutral. |
| ChartMill Relative Strength | 96.63 | POSITIVE | APPS has a high relative strength, it outperformed 96.63% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of APPS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of APPS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of APPS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 47.98 | NEUTRAL | The RSI value for APPS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.12 | NEGATIVE | The MACD value suggests APPS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 16.05 | OVERSOLD | The low Stochastics value suggests APPS may be oversold. |
| Average True Range in percent/ATR (20) | 10 | HIGH VOLATILITY | The high ATR as a percentage value for APPS suggests high volalility. |
| Average Directional Index/ADX (14) | 24.01 | NEUTRAL | The ADX value for APPS suggests a possible start of a new 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)
5.2
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg0%
1 Week-3.7%
2 Weeks-11.11%
1 Month-31.03%
3 Month66.67%
6 Month160%
12 Month139.63%
2 Year-52.03%
3 Year-74.09%
5 Year-62.54%
10 Year113.99%
15 YearN/A
Volatility
ATR(14)0.41
ATR(20)%10%
ATR Inc-37.05%
Range Today0.27
ADR(20)0.51
ADR(20)%9.82%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.63
Mansfield4.64
10 Day High6.25
10 Day Low5.03
20 Day High7.77
20 Day Low4.97
52 Week High7.77
52 Week Low1.18
CS1 End5.07
CR1 Start5.21
Volume & EV
DER(3)0.05%
DER(5)1.14%
Volume3.02M
Volume Incr-69.66%
Vol(5)3.33M
Vol(50)6.70M