We assign a technical rating of 1 out of 10 to APRI. APRI'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.
- When comparing the yearly performance of all stocks, APRI is a bad performer in the overall market: 99% of all stocks are doing better.
- APRI is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- In the last month APRI has a been trading in the 0.18 - 0.28 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, APRI does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
0.22
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 0.23 to 0.23. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 0.29 to 0.29. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @0.34 from a trend line in the weekly 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 APRI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for APRI is down. |
| ChartMill Relative Strength | 1.61 | NEGATIVE | APRI has a low relative strength, it was outperformed by 98.39% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of APRI is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of APRI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of APRI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 42.68 | NEUTRAL | The RSI value for APRI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests APRI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 39.85 | NEUTRAL | The Stochastics value for APRI is a neutral value. |
| Average True Range in percent/ATR (20) | 14.11 | HIGH VOLATILITY | The high ATR as a percentage value for APRI suggests high volalility. |
0.22
-0.01 (-4.35%)
Apricus Biosciences Inc / APRI FAQ
What is the ChartMill technical rating of Apricus Biosciences Inc (APRI) stock?
ChartMill assigns a technical rating of 1 / 10 to APRI.
What is the trend direction for APRI stock?
The current trend direction for Apricus Biosciences Inc (APRI) is Bearish.
Can you provide the RSI signal for Apricus Biosciences Inc?
Apricus Biosciences Inc (APRI) has an RSI value of 42.6812. This indicates that the stock is currently neutral.
What is the MACD signal for APRI stock?
The MACD indicator for Apricus Biosciences Inc (APRI) has a value of 0.00123791, indicating a bearish trend.
What is the buy/sell signal for APRI stock?
The buy/sell signal for Apricus Biosciences Inc (APRI) is sell as both the short term and long term trends are negative.