TRADR 2X LONG APP DAILY ETF (APPX) Technical Analysis
NASDAQ:APPX • US46152A5368
Current stock price
APPX Technical Rating and Analysis
Taking everything into account, APPX scores 0 out of 10 in our technical rating. APPX's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 100% of all other stocks performed better in the past year than APPX.
- In the last month APPX has a been trading in the 23.17 - 48.66 range, which is quite wide. It is currently trading near the lows of this range.
- APPX has an average volume of 2725080 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Considerably lower volume is observed in the last couple of days.
APPX Weekly and Daily overview Charts
APPX Setup Rating and Analysis
The technical rating of APPX 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
APPX Support and Resistance Analysis
28.96
We found 1 important resistance area.
- Resistance @30.09 from a trend line in the daily time frame.
APPX Technical Indicator Signal Analysis
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 APPX is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for APPX is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | APPX has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of APPX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of APPX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of APPX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 43.01 | NEUTRAL | The RSI value for APPX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests APPX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 22.87 | NEUTRAL | The Stochastics value for APPX is a neutral value. |
| Average True Range in percent/ATR (20) | 13.65 | HIGH VOLATILITY | The high ATR as a percentage value for APPX suggests high volalility. |
| Average Directional Index/ADX (14) | 21.35 | NEUTRAL | The ADX value for APPX suggests a possible start of a new trend. |
APPX Chart- and CandleStick Pattern Analysis
APPX Technicals: Chart, Performance Metrics, Trend & Indicators
29.25
+3.57 (+13.9%)
TRADR 2X LONG APP DAILY ETF / APPX TA FAQ
What is the technical rating for APPX stock?
ChartMill assigns a technical rating of 0 / 10 to APPX.
What is the trend direction for APPX stock?
The current trend direction for TRADR 2X LONG APP DAILY ETF (APPX) is Bearish.
What is the RSI signal for TRADR 2X LONG APP DAILY ETF (APPX) stock?
TRADR 2X LONG APP DAILY ETF (APPX) has an RSI value of 43.0085. This indicates that the stock is currently neutral.
What is the short term momentum for APPX stock?
The short term momentum for TRADR 2X LONG APP DAILY ETF (APPX) is negative.
What is the buy/sell signal for APPX stock?
The buy/sell signal for TRADR 2X LONG APP DAILY ETF (APPX) is sell as both the short term and long term trends are negative.