DIGITAL TURBINE INC (APPS) Technical Analysis
NASDAQ:APPS • US25400W1027
We assign a technical rating of 1 out of 10 to APPS. APPS has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- In the last month APPS has a been trading in the 3.72 - 6.19 range, which is quite wide. It is currently trading near the lows of this range.
- APPS is one of the better performing stocks in the Software industry, it outperforms 87% of 276 stocks in the same industry.
- APPS has an average volume of 3089370 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the yearly performance of all stocks, we notice that APPS is one of the better performing stocks in the market, outperforming 74% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
- 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.
Although the technical rating is bad, APPS does present a nice setup opportunity. Prices have been consolidating lately. 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
3.82
We found 2 important support areas.
- A support zone ranging from 4.05 to 4.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 3.86 to 3.87. This zone is formed by a combination of multiple trend lines in the daily time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 4.30 to 4.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 4.63 to 4.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @5.47 from a horizontal line in the daily time frame.
- Resistance @6.98 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 | DOWN | NEGATIVE | The long term trend for APPS is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for APPS is down. |
| ChartMill Relative Strength | 74.5 | POSITIVE | APPS has a high relative strength, it outperformed 74.5% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of APPS is above 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) | DOWN | NEGATIVE | The current price of APPS is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.95 | NEUTRAL | The RSI value for APPS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests APPS has a positive trend. |
| Stochastics (14,3) | 55.04 | NEUTRAL | The Stochastics value for APPS is a neutral value. |
| Average True Range in percent/ATR (20) | 9.1 | HIGH VOLATILITY | The high ATR as a percentage value for APPS suggests high volalility. |
| Average Directional Index/ADX (14) | 8.84 | NEGATIVE | The low ADX value for APPS suggests a weak or negative trend. |
APPS Technicals: Chart, Performance Metrics, Trend & Indicators
4.29
+0.1 (+2.39%)
DIGITAL TURBINE INC / APPS FAQ
What is the technical rating for APPS stock?
ChartMill assigns a technical rating of 1 / 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 46.9516. This indicates that the stock is currently neutral.
What is the buy/sell signal for APPS stock?
The buy/sell signal for DIGITAL TURBINE INC (APPS) is sell as both the short term and long term trends are negative.
What are the support and resistance levels for DIGITAL TURBINE INC (APPS) stock?
DIGITAL TURBINE INC (APPS) has a support level at 4.1 and a resistance level at 4.3. Check the full technical report for our detailed analysis of APPS support and resistance levels.