Preferred Apartment Communities Inc (APTS) Stock Technical Analysis
USA - NYSE:APTS - US74039L1035 - REIT
Overall APTS gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, APTS is showing a nice and steady performance.
APTS has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 24.94, a Stop Loss order could be placed below this zone.
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16.77
3 important support areas can be observed.
- A support zone ranging from 24.52 to 24.94. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @21.94 from a trend line in the weekly time frame.
- Support @16.94 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 25.57 to 25.80. This zone is formed by a combination of multiple trend lines 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 | UP | POSITIVE | The long term trend for APTS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for APTS is up. |
| ChartMill Relative Strength | 99.67 | POSITIVE | APTS has a high relative strength, it outperformed 99.67% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of APTS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of APTS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of APTS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 62.89 | NEUTRAL | The RSI value for APTS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests APTS has a positive trend. |
| Stochastics (14,3) | 97.53 | OVERBOUGHT | The high Stochastics value suggests APTS may be overbought. |
| Average True Range in percent/ATR (20) | 0.2 | LOW VOLATILITY | The low ATR as a percentage value for APTS suggests low volalility. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 25.01 | 24.84 | 0.17 (0.68%) | 25.00% |
| An entry @25.01. This is a Buy Stop order right above the 10 day high. | An exit @24.84. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.17 points, which is 0.68%. | For a 0.17% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
Preferred Apartment Communities Inc
NYSE:APTS (6/23/2022, 8:17:52 PM)
After market: 24.99 -0.01 (-0.04%)25
+0.02 (+0.08%)
Preferred Apartment Communities Inc / APTS FAQ
What is the ChartMill technical rating of Preferred Apartment Communities Inc (APTS) stock?
ChartMill assigns a technical rating of 9 / 10 to APTS.
What is the trend direction for APTS stock?
The current trend direction for Preferred Apartment Communities Inc (APTS) is Bullish.
What is the RSI signal for Preferred Apartment Communities Inc (APTS) stock?
Preferred Apartment Communities Inc (APTS) has an RSI value of 62.8945. This indicates that the stock is currently neutral.
Can you provide the short term momentum for Preferred Apartment Communities Inc?
The short term momentum for Preferred Apartment Communities Inc (APTS) is positive.
Can you provide the buy/sell signal for Preferred Apartment Communities Inc?
The buy/sell signal for Preferred Apartment Communities Inc (APTS) is buy as both the short term and long term trends are positive.