APOLLO STRATEGIC GROWTH-CL A (APSG) Stock Technical Analysis
NYSE:APSG • KYG0411R1065
We assign a technical rating of 0 out of 10 to APSG. APSG'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.
- When comparing the yearly performance of all stocks, APSG is a bad performer in the overall market: 77% of all stocks are doing better.
- APSG is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
- In the last month APSG has a been trading in the 6.71 - 10.00 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- APSG has an average volume of 1143500 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
The technical rating of APSG is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
7.32
We found 1 important resistance area.
- A resistance zone ranging from 9.77 to 9.94. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 APSG is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for APSG is down. |
| ChartMill Relative Strength | 23.78 | NEGATIVE | APSG has a low relative strength, it was outperformed by 76.22% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of APSG is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of APSG is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of APSG is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 13.81 | OVERSOLD | The low RSI value suggests APSG may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.3 | NEGATIVE | The MACD value suggests APSG has a negative trend. |
| Stochastics (14,3) | 24.79 | NEUTRAL | The Stochastics value for APSG is a neutral value. |
| Average True Range in percent/ATR (20) | 5.05 | HIGH VOLATILITY | The high ATR as a percentage value for APSG suggests high volalility. |
7.39
-0.16 (-2.12%)
APOLLO STRATEGIC GROWTH-CL A / APSG FAQ
What is the technical rating for APSG stock?
ChartMill assigns a technical rating of 0 / 10 to APSG.
What is the current trend direction of APOLLO STRATEGIC GROWTH-CL A (APSG) stock?
The current trend direction for APOLLO STRATEGIC GROWTH-CL A (APSG) is Bearish.
What is the RSI signal for APSG stock?
APOLLO STRATEGIC GROWTH-CL A (APSG) has an RSI value of 13.8062. This indicates that the stock is currently oversold.
What is the MACD signal for APOLLO STRATEGIC GROWTH-CL A (APSG) stock?
The MACD indicator for APOLLO STRATEGIC GROWTH-CL A (APSG) has a value of -0.29518, indicating a bearish trend.
Can you provide the short term momentum for APOLLO STRATEGIC GROWTH-CL A?
The short term momentum for APOLLO STRATEGIC GROWTH-CL A (APSG) is negative.