GRANITESHARES 2X LONG AAPL D (AAPB) Stock Technical Analysis
NASDAQ:AAPB - Nasdaq - US38747R8842 - ETF - Currency: USD
Taking everything into account, AAPB scores 6 out of 10 in our technical rating. Although AAPB is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
When comparing the yearly performance of all stocks, we notice that AAPB is one of the better performing stocks in the market, outperforming 93% of all stocks. We also observe that the gains produced by AAPB over the past year are nicely spread over this period.
In the last month AAPB has a been trading in the 27.40 - 32.97 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
AAPB is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
Considerably lower volume is observed in the last couple of days.
AAPB has an average technical rating and the quality of the presented setup is also not ideal 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
25.71
32.54
We found 3 important support areas.
- Support @28.04 from a trend line in the weekly time frame.
- A support zone ranging from 27.06 to 27.38. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 25.97 to 26.48. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 30.23 to 30.38. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 31.40 to 32.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.74
Mansfield1.07
10 Day High32.97
10 Day Low27.76
20 Day High32.97
20 Day Low27.4
52 Week High36.48
52 Week Low15.91
Performance
1 Week-2.57%
2 Weeks-5.75%
1 Month4.2%
3 Month-6.07%
6 Month10.21%
12 Month69.78%
2 Year32.26%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.17
RSI(14)49.28
LBB28.43
UBB32.97
30
+0.89 (+3.06%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg3.06%
1 Week-2.57%
2 Weeks-5.75%
1 Month4.2%
3 Month-6.07%
6 Month10.21%
12 Month69.78%
2 Year32.26%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.26
ATR(20)%4.32%
ATR Inc-1.47%
Range Today1.51
ADR(20)1.26
ADR(20)%4.2%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.74
Mansfield1.07
10 Day High32.97
10 Day Low27.76
20 Day High32.97
20 Day Low27.4
52 Week High36.48
52 Week Low15.91
CS1 End28.04
CR1 Start30.23
Volume & EV
DER(3)-3.03%
DER(5)-1.06%
Volume76.30K
Volume Incr-49.64%
Vol(5)96.60K
Vol(50)195.88K