APTEVO THERAPEUTICS INC (APVO) Stock Technical Analysis
NASDAQ:APVO - Nasdaq - US03835L4059 - Common Stock - Currency: USD
We assign a technical rating of 0 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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
100% of all other stocks performed better in the past year than APVO.
APVO is part of the Biotechnology industry. There are 556 other stocks in this industry, of which 90% are performing better than APVO.
APVO is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month APVO has a been trading in the 2.86 - 3.30 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
APVO has an average volume of 5338310 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although the technical rating is bad, APVO does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 2.99, a Stop Loss order could be placed below this zone.
More info and screens
2.87
3.28
We found 2 important support areas.
- A support zone ranging from 2.99 to 2.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @2.90 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- Resistance @3.25 from a horizontal 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 | 0.19 | NEGATIVE | APVO has a low relative strength, it was outperformed by 99.81% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of APVO is above 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) | 38.3 | NEUTRAL | The RSI value for APVO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.19 | POSITIVE | The MACD value suggests APVO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 70.45 | NEUTRAL | The Stochastics value for APVO is a neutral value. |
| Average True Range in percent/ATR (20) | 5.5 | HIGH VOLATILITY | The high ATR as a percentage value for APVO suggests high volalility. |
| Average Directional Index/ADX (14) | 33.7 | POSITIVE | The high ADX value value for APVO suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
3.06
-0.15 (-4.67%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-4.67%
1 Week0.99%
2 Weeks2%
1 Month-5.26%
3 Month-77.33%
6 Month-96.76%
12 Month-98.99%
2 Year-99.99%
3 Year-100%
5 Year-100%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.16
ATR(20)%5.5%
ATR Inc29.13%
Range Today0.22
ADR(20)0.16
ADR(20)%5.36%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0.19
Mansfield-9.73
10 Day High3.3
10 Day Low2.86
20 Day High3.3
20 Day Low2.86
52 Week High381.1
52 Week Low2.81
CS1 End2.99
CR1 Start3.25
Volume & EV
DER(3)-5.98%
DER(5)-0.69%
Volume104.20K
Volume Incr-69.26%
Vol(5)148.36K
Vol(50)5.34M