Apogee Enterprises Forecast and Stock Analysis
Technical APOG stock analysis for April 24, 2019.
Apogee Enterprises gained 0.35% in the last trading day, rising from $39.80 to $39.94 , 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. The price has risen in 7 of the last 10 days and is up by 3.58% over the past 2 weeks. Volume fell in the last day by -91 155 shares, and in total, 212 030 shares bought and sold for approximately $8.47 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.
Close price at the end of the last trading day (Wednesday, 24th Apr 2019) of the APOG stock was $39.94. This is 0.35% more than the trading day before Tuesday, 23rd Apr 2019.
During day the stock fluctuated 2.86% from a day low at $39.02 to a day high of $40.13.
30 day high of the APOG stock price was $40.13 and low was $34.80.
90 day high was $40.13 and low was $32.68.
52 week high for the Apogee Enterprises - $50.87 and low - $26.38.
Apogee Enterprises lies in the upper part of a wide and strong rising trend in the short term, and this will normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break-up at the top trend line at $40.67 will firstly indicate a stronger raising rate. Given the current short-term trend, the stock is expected to rise 13.35% during the next 3 months and, with 90% probability hold a price between $41.88 and $46.10 at the end of this period.
Only positive signals in the chart today. Apogee Enterprises 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 $39.00 and $37.14. A break down below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Thursday April 11, 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.
Relative Strength Index (RSI)
RSI14 is 59 and the stock is currently not being overbought or oversold
Support & Resistance
Apogee Enterprises finds support from accumulated volume at $38.83.
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 $1.12 (2.86%) between high and low. For the last week, the stock has had a daily average volatility of 2.10%.
Our recommended stoploss: $38.48 (-3.65%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from pivot bottom found 8 days ago.)
Very Low Low Medium High Very High
Evaluation: Strong Buy Candidate
Apogee Enterprises holds several positive signals and is within a strong rising trend. As the old saying says, "Let the trend be your friend.'". We therefore consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months.
|Golden Star Signal|
Get competitive edge
The 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 a very good return. From 8.000 stocks usually only a few will trigger a Golden Star Signal per day!
Get access to Golden Star list now
|APOG $39.94 ($0.14 0.35%)|
APOG is up $0.14 today, but where's it headed in 2019?
|Zacks Investment Research is releasing its prediction for APOG based on the 1-3 month system that more than doubles the S&P 500.
This report is free today for StockInvest.us readers.
Click here – the APOG analysis is free »
From Our Blog
- Trading With Moving Average
- Pivot Points
- Accumulated Volume - Support and Resistance
- Volume - The Indicator You Really Need to Know
- We Give Back!
- Better Buy: Amazon vs. Facebook
- Better Buy: Apple vs. Microsoft
- Relative Strength Index (RSI)
- How to Lose Money When Trading: Part 2
- How to Lose Money When Trading: A Trader is Born
- Our 2017 Christmas Donation
- The Golden Star
- Announcing Partnership With CityFALCON
- Why correct moving average matters
- NASDAQ down -4.17%. Our portfolio is up +8.56%
- New Feature Added: Golden Star Signal
- Pick a Winner With StockInvest.us