APOLLO COMMERCIAL REAL ESTAT (ARI) Stock Technical Analysis
NYSE:ARI - New York Stock Exchange, Inc. - US03762U1051 - REIT - Currency: USD
Overall ARI gets a technical rating of 5 out of 10. Although ARI is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
ARI has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 9.84. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 9.80, a Stop Loss order could be placed below this zone.
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8.90
When analyzing the support we can see 2 important areas.
- A support zone ranging from 9.26 to 9.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @8.99 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- Resistance @9.84 from a trend line in the daily time frame.
- A resistance zone ranging from 10.12 to 10.14. 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 ARI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ARI is up. |
| ChartMill Relative Strength | 38.28 | NEUTRAL | ARI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ARI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of ARI is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of ARI is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 58.27 | NEUTRAL | The RSI value for ARI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests ARI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 52.58 | NEUTRAL | The Stochastics value for ARI is a neutral value. |
| Average True Range in percent/ATR (20) | 1.99 | LOW VOLATILITY | The low ATR as a percentage value for ARI suggests low volalility. |
| Average Directional Index/ADX (14) | 19.02 | NEGATIVE | The low ADX value for ARI suggests a weak or negative trend. |
9.8
+0.17 (+1.77%)