We assign a technical rating of 0 out of 10 to APVO. APVO'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.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, APVO is a bad performer in the overall market: 100% of all stocks are doing better.
- APVO is one of the lesser performing stocks in the Biotechnology industry. 92% of 524 stocks in the same industry do better.
- APVO 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 APVO has a been trading in the 6.55 - 10.70 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.
- Considerably lower volume is observed in the last couple of days.
The technical rating of APVO is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
6.69
We found 1 important resistance area.
- Resistance @10.85 from a trend line in the daily time frame.
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 APVO is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for APVO is down. |
| ChartMill Relative Strength | 0.45 | NEGATIVE | APVO has a low relative strength, it was outperformed by 99.55% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of APVO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of APVO is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of APVO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 24.47 | OVERSOLD | The low RSI value suggests APVO may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.25 | POSITIVE | The MACD value suggests APVO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 10.85 | OVERSOLD | The low Stochastics value suggests APVO may be oversold. |
| Average True Range in percent/ATR (20) | 11.97 | HIGH VOLATILITY | The high ATR as a percentage value for APVO suggests high volalility. |
| Average Directional Index/ADX (14) | 35.25 | POSITIVE | The high ADX value value for APVO suggests a strong trend. |
6.76
-0.78 (-10.34%)
APTEVO THERAPEUTICS INC / APVO FAQ
What is the ChartMill technical rating of APTEVO THERAPEUTICS INC (APVO) stock?
ChartMill assigns a technical rating of 0 / 10 to APVO.
What is the current trend direction of APTEVO THERAPEUTICS INC (APVO) stock?
The current trend direction for APTEVO THERAPEUTICS INC (APVO) is Bearish.
What is the RSI signal for APTEVO THERAPEUTICS INC (APVO) stock?
APTEVO THERAPEUTICS INC (APVO) has an RSI value of 24.473. This indicates that the stock is currently oversold.
What is the MACD signal for APVO stock?
The MACD indicator for APTEVO THERAPEUTICS INC (APVO) has a value of 0.25014, indicating a bearish trend.
What are the support and resistance levels for APTEVO THERAPEUTICS INC (APVO) stock?
APTEVO THERAPEUTICS INC (APVO) has a resistance level at 10.85. Check the full technical report for our detailed analysis of APVO support and resistance levels.