DIGITAL TURBINE INC (APPS) Stock Technical Analysis
USA - NASDAQ:APPS - US25400W1027 - Common Stock
Taking everything into account, APPS scores 2 out of 10 in our technical rating. 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.
The technical rating of APPS is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
4.03
When analyzing the support we can see 2 important areas.
- Support @4.18 from a horizontal line in the weekly time frame.
- Support @4.07 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- Resistance @6.86 from a horizontal line in the weekly time frame.
- Resistance @7.28 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 | NEUTRAL | NEUTRAL | The long term trend for APPS is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for APPS is down. |
| ChartMill Relative Strength | 97.11 | POSITIVE | APPS has a high relative strength, it outperformed 97.11% 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) | DOWN | NEGATIVE | The current price of APPS is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of APPS is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 31.57 | NEUTRAL | The RSI value for APPS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.23 | NEGATIVE | The MACD value suggests APPS has a negative trend. |
| Stochastics (14,3) | 2.72 | OVERSOLD | The low Stochastics value suggests APPS may be oversold. |
| Average True Range in percent/ATR (20) | 13.02 | HIGH VOLATILITY | The high ATR as a percentage value for APPS suggests high volalility. |
| Average Directional Index/ADX (14) | 16 | NEGATIVE | The low ADX value for APPS suggests a weak or negative trend. |
4.19
-0.3 (-6.68%)
DIGITAL TURBINE INC / APPS FAQ
What is the technical rating for APPS stock?
ChartMill assigns a technical rating of 2 / 10 to APPS.
What is the trend direction for 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 31.5716. This indicates that the stock is currently neutral.
What is the MACD signal for APPS stock?
The MACD indicator for DIGITAL TURBINE INC (APPS) has a value of -0.225635, indicating a bearish trend.
What are the support and resistance levels for DIGITAL TURBINE INC (APPS) stock?
DIGITAL TURBINE INC (APPS) has a support level at 4.18 and a resistance level at 6.86. Check the full technical report for our detailed analysis of APPS support and resistance levels.