APTEVO THERAPEUTICS INC (APVO) Stock Technical Analysis
USA - NASDAQ:APVO - US03835L5049 - Common Stock
We assign a technical rating of 1 out of 10 to APVO. APVO scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
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.
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1.37
When analyzing the support we notice one important area.
- Support @1.38 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 1.59 to 1.63. 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 | 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 | 0.77 | NEGATIVE | APVO has a low relative strength, it was outperformed by 99.23% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of APVO is below the rising 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) | 40.69 | NEUTRAL | The RSI value for APVO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests APVO has a negative trend. |
| Stochastics (14,3) | 2.89 | OVERSOLD | The low Stochastics value suggests APVO may be oversold. |
| Average True Range in percent/ATR (20) | 8.4 | HIGH VOLATILITY | The high ATR as a percentage value for APVO suggests high volalility. |
| Average Directional Index/ADX (14) | 32.66 | POSITIVE | The high ADX value value for APVO suggests a strong trend. |
1.42
-0.04 (-2.74%)
APTEVO THERAPEUTICS INC / APVO FAQ
What is the ChartMill technical rating of APTEVO THERAPEUTICS INC (APVO) stock?
ChartMill assigns a technical rating of 1 / 10 to APVO.
What is the trend direction for 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 40.6859. This indicates that the stock is currently neutral.
Can you provide the short term momentum for APTEVO THERAPEUTICS INC?
The short term momentum for APTEVO THERAPEUTICS INC (APVO) is negative.
Can you provide the support and resistance levels for APTEVO THERAPEUTICS INC?
APTEVO THERAPEUTICS INC (APVO) has a support level at 1.38 and a resistance level at 1.59. Check the full technical report for our detailed analysis of APVO support and resistance levels.