APOG Forecast and Technical Stock Analysis
Sell candidate since 2019-08-14 Gain 2.10%
Apogee Enterprises gained 2.13% in the last trading day ( Monday, 19th Aug 2019 ), rising from $35.74 to $36.50 , and has now gained 3 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the day the stock fluctuated 1.78% from a day low at $36.01 to a day high of $36.65. The price has been going up and down for this period, and there has been a -3.97% loss for the last 2 weeks. Volume has increased in the last day along with the price, which is a positive technical sign, and, in total, 18 414 more shares were traded than the day before. In total, 157 316 shares bought and sold for approximately $5.74 million.
- 30 day high of the APOG stock price was $41.50 and low was $35.19.
- 90 day high was $45.32 and low was $35.19.
- 52 week high for Apogee Enterprises - $50.84 and low - $26.38.
Apogee Enterprises is at the lower part of a wide and horizontal trend on short term, and normally this would pose a good buying opportunity, though a break down through the bottom trend line at $35.50 will give a strong sales signal and a trend shift may be expected. Given the current horizontal trend, you can expect Apogee Enterprises with a 90% probability to be traded between $35.45 and $43.65 at the end of this period with 90% probability. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the roof. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.
A buy signal was issued from a pivot bottom point on Thursday August 15, 2019, which indicates further gains until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. Apogee Enterprises holds sales signals from both short- and long-term moving averages. In addition, there is a general sales 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 $36.65 and $40.23. A break-up above any of these levels will issue buy signals.
Relative Strength Index (RSI)
RSImin/max Values: [ 25 - 75 ]
RSI14 is 28 and the stock is currently not being overbought or oversold
* Stockinvest.us uses dynamical calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behaviour.
Support & Resistance
Apogee Enterprises finds support from accumulated volume at $36.25.
This stock may move much during a day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved $0.64 between high and low, or 1.78%. For the last week, the stock has had a daily average volatility of 2.89%.
Our recommended stop-loss: We hold a sell evaluation for this stock. No stop-loss set.
2.89 %Average volatility
Very Low Low Medium High Very High
|APOG $36.50 ($0.76 2.13%)|
APOG is up $0.76 today, but where's it headed in 2019?
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Golden Star Signal
This unique signal uses moving averages and adds special requirements that convert the very good Golden Cross into a Golden Star.
This signal is rare and, in most cases, gives substantial returns. From 8.000 stocks usually only a few will trigger a Golden Star Signal per day!