Taking everything into account, APT scores 1 out of 10 in our technical rating. APT scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, APT does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 4.40, a Stop Loss order could be placed below this zone.
4.36
When analyzing the support we notice one important area.
2 important resistance areas can be observed.
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 APT is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for APT is down. |
| ChartMill Relative Strength | 23.1 | NEGATIVE | APT has a low relative strength, it was outperformed by 76.9% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of APT is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of APT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of APT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.26 | NEUTRAL | The RSI value for APT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests APT has a negative trend. |
| Stochastics (14,3) | 24.34 | NEUTRAL | The Stochastics value for APT is a neutral value. |
| Average True Range in percent/ATR (20) | 3.08 | MEDIUM VOLATILITY | The ATR as a percentage value for APT suggests some volalility. |
| Average Directional Index/ADX (14) | 9.54 | NEGATIVE | The low ADX value for APT suggests a weak or negative trend. |
4.53
+0.01 (+0.22%)
ChartMill assigns a technical rating of 1 / 10 to APT.
The current trend direction for ALPHA PRO TECH LTD (APT) is Bearish.
ALPHA PRO TECH LTD (APT) has an RSI value of 46.2561. This indicates that the stock is currently neutral.
The short term momentum for ALPHA PRO TECH LTD (APT) is negative.
The buy/sell signal for ALPHA PRO TECH LTD (APT) is sell as both the short term and long term trends are negative.