Exchanges: NASDAQ | NYSE | XLON | AMS | ADS | TSE | BRU
Monday June 24, 2019 Change 0.68% Price $223.64
Chart period: 2019-03-25 - 2019-06-24
VOLUME
Sell
TREND
Buy
MV LONG
Buy

MV SHORT
Buy

PIVOT
Buy

MACD
Buy

Will APD stock price go up or down on Tue, 25 Jun 2019?

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Air Products and Chemicals Inc Forecast and Stock Analysis

Technical APD stock analysis for Monday June 24, 2019.

Buy candidate since 2019-06-10 Gain 1.04%


Air Products and Chemicals Inc gained 0.68% in the last trading day ( Monday, 24th Jun 2019 ), rising from $222.14 to $223.64 , and has now gained 6 days in a row. It is not often that stocks manage to gain so many days in a row, and falls for a day or two should be expected. During day the stock fluctuated 1.41% from a day low at $222.15 to a day high of $225.28. The price has risen in 7 of the last 10 days and is up by 1.04% over the past 2 weeks. Volume fell in the last day by -781 847 shares, and in total, 678 370 shares bought and sold for approximately $151.71 million. You should take into consideration that a falling volume on higher prices causes divergence and may be an early warning about possible changes for the next couple of days.

Quick summary:

  • 30 day high of the APD stock price was $225.28 and low was $200.00.
  • 90 day high was $225.28 and low was $185.99.
  • 52 week high for the Air Products and Chemicals Inc - $225.28 and low - $148.44.

Trend

Air Products and Chemicals Inc lies in the middle of a strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 17.3% during the next 3 months and, with 90% probability hold a price between $249.17 and $268.56 at the end of this period.

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Signals

Only positive signals in the chart today. Air Products and Chemicals Inc holds buy signals from both short- and long-term moving averages. In addition, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down there will be some support from the lines at $220.47 and $211.67. A break down below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Monday June 17, 2019, which indicates further gains until a new top pivot has been found. Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and may be an early warning. The stock should be watched closely.

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Relative Strength Index (RSI)

RSI14 is 70 and the stock is currently not being overbought or oversold

Access full RSI 14 and RSI 21 lists

Support & Resistance

Air Products and Chemicals Inc finds support from accumulated volume at $213.65.

Support: $213.65 Price: $223.64

Risk

This stock is usually traded at good volume, and with minor daily changes the risk is considered to be low. During the last day, the stock moved $3.13 (1.41%) between high and low. For the last week, the stock has had a daily average volatility of 1.54%.

Since the Air Products and Chemicals Inc has been rising for 6 days in a row, the risk for the next couple of days has increased. We don't expect a major reaction as the stock is in very good shape technically, and therefore hold a positive evaluation despite the very short term risk.

Our recommended stoploss: $213.39 (-4.58%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from pivot bottom found 5 days ago.)

1.54 %

Average volatility

Overall risk:

Very Low Low Medium High Very High

Evaluation:

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for this stock to perform well in the short-term. Due to some small weaknesses in the technical picture we have downgraded our recommendation for this stock since last evaluation from a Strong Buy Candidate to a Buy Candidate.

Buy Candidate Downgraded
Weaker Buy Today APD ranks #177 as BUY CANDIDATE #177 Stronger Buy

Will APD stock price go up or down on Tue, 25 Jun 2019?

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