We assign a technical rating of 6 out of 10 to APPS. Although APPS is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- When comparing the yearly performance of all stocks, we notice that APPS is one of the better performing stocks in the market, outperforming 95% 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 94% of 276 stocks in the same industry.
- APPS has an average volume of 3287370 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- 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.
- In the last month APPS has a been trading in the 4.69 - 5.70 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
APPS has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. We notice that large players showed an interest for APPS in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
4.39
When analyzing the support we can see 5 important areas.
- A support zone ranging from 5.10 to 5.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 4.95 to 5.00. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 4.77 to 4.82. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- A support zone ranging from 4.63 to 4.65. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @4.43 from a trend line in the weekly time frame.
3 important resistance areas can be observed.
- Resistance @5.27 from a horizontal line in the weekly time frame.
- Resistance @5.48 from a horizontal line in the daily time frame.
- Resistance @7.09 from a trend 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 | NEUTRAL | NEUTRAL | The long term trend for APPS is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for APPS is neutral. |
| ChartMill Relative Strength | 95.05 | POSITIVE | APPS has a high relative strength, it outperformed 95.05% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of APPS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of APPS is above a declining 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) | 54.29 | NEUTRAL | The RSI value for APPS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests APPS has a positive trend. |
| Stochastics (14,3) | 50.21 | NEUTRAL | The Stochastics value for APPS is a neutral value. |
| Average True Range in percent/ATR (20) | 5.71 | HIGH VOLATILITY | The high ATR as a percentage value for APPS suggests high volalility. |
| Average Directional Index/ADX (14) | 8.08 | NEGATIVE | The low ADX value for APPS suggests a weak or negative trend. |
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 |
|---|---|---|---|
| 5.28 | 5.09 | 0.19 (3.60%) | 25.00% |
| An entry @5.28. This is a Buy Stop order right above the resistance zone. | An exit @5.09. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.19 points, which is 3.60%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.90%. |
- The distance between exit and entry is rather small compared to the average daily movement of APPS. Please evaluate whether better entry and exit points can be found.
- 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.
5.24
+0.1 (+1.95%)
DIGITAL TURBINE INC / APPS FAQ
What is the technical rating for APPS stock?
ChartMill assigns a technical rating of 6 / 10 to APPS.
What is the current trend direction of DIGITAL TURBINE INC (APPS) stock?
The current trend direction for DIGITAL TURBINE INC (APPS) is Bearish.
What is the RSI signal for APPS stock?
DIGITAL TURBINE INC (APPS) has an RSI value of 54.2907. This indicates that the stock is currently neutral.
What is the support and resistance level for APPS stock?
DIGITAL TURBINE INC (APPS) has a support level at 5.14 and a resistance level at 5.27. Check the full technical report for our detailed analysis of APPS support and resistance levels.