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$116.74 (-1.84%)

Volume: 75k

Closed: Dec 03, 2021

Hollow Logo Score: -1.834

AppFolio Stock Forecast

$116.74 (-1.84%)

Volume: 75k

Closed: Dec 03, 2021

Score Hollow Logo -1.834
Which way will APPF go? Request
Key Stats
P/E Ratio 1 215.12
Beta 1.16
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
RSImin/max Values: [ 25 - 75 ] RSI14 is 32 and the stock is currently not being overbought or oversold

Red day on Friday for AppFolio stock after losing 1.84%
(Updated on Dec 03, 2021)


Sell candidate since 2021-11-26 Loss -3.05%

The AppFolio stock price fell by -1.84% on the last day (Friday, 3rd Dec 2021) from $118.93 to $116.74. During the day the stock fluctuated 4.79% from a day low at $115.30 to a day high of $120.82. The price has been going up and down for this period, and there has been a -5.73% loss for the last 2 weeks. Volume has increased on the last day by 7 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 75 thousand shares were bought and sold for approximately $8.75 million.

The stock lies in the lower part of a wide and weak rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $115.83 is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 2.57% during the next 3 months and, with a 90% probability hold a price between $118.81 and $141.32 at the end of this 3-month period.

Signals & Forecast

A buy signal was issued from a pivot bottom point on Wednesday, December 01, 2021, and so far it has risen 0.88%. Further rise is indicated until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. The AppFolio stock holds sell signals from both short and long-term moving averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $119.78 and $128.56. A break-up above any of these levels will issue buy signals. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely.

Support, Risk & Stop-loss

AppFolio finds support from accumulated volume at $115.72 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $5.52 between high and low, or 4.79%. For the last week, the stock has had a daily average volatility of 4.49%.

Our recommended stop-loss: We hold an negative evaluation for this stock. No stop-loss is set.

Is AppFolio stock A Buy?

The AppFolio stock holds several negative signals and despite the positive trend, we believe AppFolio will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.

Current score: -1.834

Predicted Opening Price for AppFolio of Monday, December 6, 2021

The predicted opening price is based on yesterday's movements between high, low, and the closing price.

Fair opening price December 6, 2021 Current price
$117.62 $116.74 (Undervalued)
Sell Candidate Unchanged

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Analyst Ratings

DA Davidson does not see either upside or downside right now giving APPF "Underperform - Neutral" on their last update on May 17, 2021. The price target was changed from $126.00 to $122.00.

Volatility and Risk
Daily Average Volatility: 4.49 %
Overall Risk: Very High High Medium Low Very Low
Volatility
4.49 %
Daily Average Volatility
Overall Risk

Very High
High
Medium
Low
Very Low

Support & Resistance

Resistance: $122.82
Price: $116.74
Support: $115.72

APPF Insider Trading Show all Trades

INSIDER POWER

0.824

Last 100 transactions
Buy: 6 544 344 | Sell: 7 944 000 (Shares)
Date Action Amount Person Type
Dec 01, 2021 Sell 993 627 Igsb Internal Venture Fund Iii, Llc Class B Common Stock
Dec 01, 2021 Sell 993 627 Investment Group Of Santa Barbara, Llc Class B Common Stock
Dec 01, 2021 Buy 1 800 Bliss Timothy K Class B Common Stock
Dec 01, 2021 Buy 203 611 Bliss Timothy K Class B Common Stock
Dec 01, 2021 Buy 993 627 Bliss Timothy K Class B Common Stock
Show all Insider Trades
INSIDER POWER

0.824

Last 100 transactions
Buy: 6 544 344 | Sell: 7 944 000 (Shares)

Fibonacci Support & Resistance Levels

Level Price Change
Resistance 123.15 5.49 %
121.03 3.68 %
119.73 2.56 %
Current price: 116.74
Support 115.51 -1.05 %
114.21 -2.17 %
112.10 -3.98 %

Accumulated Volume Support & Resistance Levels

Level Price Chg %
Resistance 132.20 13.24 %
124.60 6.73 %
122.82 5.21 %
Current price 116.74
Support 115.72 -0.87%
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About AppFolio

AppFolio AppFolio, Inc. provides industry-specific cloud-based software solutions for small and medium-sized businesses in the property management and legal industries. It offers AppFolio Property Manager, a solution for the operational requirements of small and medium-sized property managers, including activities, such as posting and tracking tenant vacancies, handling the entire leasing process electronically, administering maintenance and repairs with ... Read more

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