ASIA PACIFIC WIRE & CABLE (APWC) Technical Analysis
NASDAQ:APWC • BMG0535E1066
Current stock price
APWC Technical Rating and Analysis
Overall APWC gets a technical rating of 0 out of 10. APWC'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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 78% of all other stocks performed better in the past year than APWC.
- APWC is part of the Electrical Equipment industry. There are 91 other stocks in this industry, of which 62% are performing better than APWC.
- APWC is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so APWC is lagging the market.
- In the last month APWC has a been trading in the 1.42 - 1.68 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.
- Warning: APWC has an average volume of 8840 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- Considerably lower volume is observed in the last couple of days.
APWC Weekly and Daily overview Charts
APWC Setup Rating and Analysis
The technical rating of APWC 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
APWC Support and Resistance Analysis
1.41
We found 1 important support area.
- A support zone ranging from 1.42 to 1.42. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 1.62 to 1.65. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.70 from a horizontal line in the daily time frame.
- Resistance @1.74 from a trend line in the daily time frame.
APWC Technical Indicator Signal Analysis
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 APWC is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for APWC is down. |
| ChartMill Relative Strength | 22.43 | NEGATIVE | APWC has a low relative strength, it was outperformed by 77.57% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of APWC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of APWC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of APWC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 21.76 | OVERSOLD | The low RSI value suggests APWC may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests APWC has a negative trend. |
| Stochastics (14,3) | 8.83 | OVERSOLD | The low Stochastics value suggests APWC may be oversold. |
| Average True Range in percent/ATR (20) | 2.71 | MEDIUM VOLATILITY | The ATR as a percentage value for APWC suggests some volalility. |
| Average Directional Index/ADX (14) | 32.54 | POSITIVE | The high ADX value value for APWC suggests a strong trend. |
APWC Chart- and CandleStick Pattern Analysis
APWC Technicals: Chart, Performance Metrics, Trend & Indicators
1.4299
-0.02 (-1.04%)
ASIA PACIFIC WIRE & CABLE / APWC TA FAQ
What is the ChartMill technical rating of ASIA PACIFIC WIRE & CABLE (APWC) stock?
ChartMill assigns a technical rating of 0 / 10 to APWC.
Can you provide the trend direction for ASIA PACIFIC WIRE & CABLE?
The current trend direction for ASIA PACIFIC WIRE & CABLE (APWC) is Bearish.
What is the RSI signal for ASIA PACIFIC WIRE & CABLE (APWC) stock?
ASIA PACIFIC WIRE & CABLE (APWC) has an RSI value of 21.7579. This indicates that the stock is currently oversold.
Can you provide the MACD signal for ASIA PACIFIC WIRE & CABLE?
The MACD indicator for ASIA PACIFIC WIRE & CABLE (APWC) has a value of -0.0186877, indicating a bearish trend.
What is the buy/sell signal for APWC stock?
The buy/sell signal for ASIA PACIFIC WIRE & CABLE (APWC) is sell as both the short term and long term trends are negative.