BLUE APRON HOLDINGS INC-A (APRN) Technical Analysis
NASDAQ:APRN • US09523Q3092
Current stock price
APRN Technical Rating and Analysis
We assign a technical rating of 9 out of 10 to APRN. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, APRN is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- APRN is one of the better performing stocks in the Consumer Staples Distribution & Retail industry, it outperforms 97% of 37 stocks in the same industry.
- Looking at the yearly performance, APRN did better than 97% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
- APRN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so APRN is lagging the market.
- In the last month APRN has a been trading in a tight range between 12.88 and 13.01.
- Considerably lower volume is observed in the last couple of days.
APRN Weekly and Daily overview Charts
APRN Setup Rating and Analysis
Besides having an excellent technical rating, APRN also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
APRN Support and Resistance Analysis
12.77
When analyzing the support we notice one important area.
- A support zone ranging from 12.90 to 12.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 13.00 to 13.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
APRN 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 | UP | POSITIVE | The long term trend for APRN is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for APRN is up. |
| ChartMill Relative Strength | 97.11 | POSITIVE | APRN has a high relative strength, it outperformed 97.11% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of APRN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of APRN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of APRN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 76.57 | OVERBOUGHT | The high RSI value suggests APRN may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.19 | NEGATIVE | The MACD value suggests APRN has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 87.27 | OVERBOUGHT | The high Stochastics value suggests APRN may be overbought. |
| Average True Range in percent/ATR (20) | 0.27 | LOW VOLATILITY | The low ATR as a percentage value for APRN suggests low volalility. |
| Average Directional Index/ADX (14) | 56.19 | POSITIVE | The high ADX value value for APRN suggests a strong trend. |
APRN Chart- and CandleStick Pattern Analysis
APRN Technicals: Chart, Performance Metrics, Trend & Indicators
12.99
-0.01 (-0.08%)
BLUE APRON HOLDINGS INC-A / APRN TA FAQ
Can you provide the ChartMill technical rating for BLUE APRON HOLDINGS INC-A?
ChartMill assigns a technical rating of 1 / 10 to APRN.
What is the current trend direction of BLUE APRON HOLDINGS INC-A (APRN) stock?
The current trend direction for BLUE APRON HOLDINGS INC-A (APRN) is Bullish.
What is the RSI signal for APRN stock?
BLUE APRON HOLDINGS INC-A (APRN) has an RSI value of 76.5744. This indicates that the stock is currently overbought.
What is the MACD signal for BLUE APRON HOLDINGS INC-A (APRN) stock?
The MACD indicator for BLUE APRON HOLDINGS INC-A (APRN) has a value of -0.187284, indicating a bearish trend.
What are the support and resistance levels for BLUE APRON HOLDINGS INC-A (APRN) stock?
BLUE APRON HOLDINGS INC-A (APRN) has a support level at 0.53 and a resistance level at 0.59. Check the full technical report for our detailed analysis of APRN support and resistance levels.