We assign a technical rating of 4 out of 10 to APT. In the past year, APT was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
Although the technical rating is only medium, APT does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 4.68. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 4.60, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for APT in the last couple of days, which is a good sign.
4.35
2 important support areas can be observed.
3 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 | NEUTRAL | NEUTRAL | The long term trend for APT is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for APT is up. |
| ChartMill Relative Strength | 19.54 | NEGATIVE | APT has a low relative strength, it was outperformed by 80.46% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of APT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of APT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of APT is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 56.44 | NEUTRAL | The RSI value for APT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests APT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 80.3 | OVERBOUGHT | The high Stochastics value suggests APT may be overbought. |
| Average True Range in percent/ATR (20) | 2.45 | MEDIUM VOLATILITY | The ATR as a percentage value for APT suggests some volalility. |
| Average Directional Index/ADX (14) | 16.5 | NEGATIVE | The low ADX value for APT suggests a weak or negative trend. |
4.66
0 (0%)
ChartMill assigns a technical rating of 4 / 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 56.4445. This indicates that the stock is currently neutral.
The short term momentum for ALPHA PRO TECH LTD (APT) is positive.
ALPHA PRO TECH LTD (APT) has a support level at 4.6 and a resistance level at 4.68. Check the full technical report for our detailed analysis of APT support and resistance levels.