ARI - Apollo Commercial Real Estate Finance

Industry: REIT - Diversified Sector: Financial Exchange: NYSE

ARI - Apollo Commercial Real Estate Finance

Industry: REIT - Diversified Sector: Financial Exchange: NYSE
#2461/#4902

Thu 19'th Oct 2017

PERIOD 2017-07-20 - 2017-10-19
CHANGE 0.16%
PRICE $18.41
VOLUME
Sell
TREND
Buy

MV LONG
Buy

MV SHORT
Buy

PIVOT
Sell

MACD
Sell

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Apollo Commercial Real Estate Finance Stock Analysis

Technical stock analysis for Thu 19'th Oct 2017

Hold candidate since 2017-10-18 Gain 0.16%

Apollo Commercial Real Estate Finance gained 0.16% in the last trading day, rising from $18.38 to $18.41 The price has risen in 7 of the last 10 days and is up by 0.71% over the past 2 weeks. Volume fell in the last day by -440 322 shares, and in total, 804 334 shares bought and sold for approximately $14.81 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.

Trend

Apollo Commercial Real Estate Finance lies in the middle of a narrow and weak 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 2.06% during the next 3 months and, with 90% probability hold a price between $18.29 and $19.17 at the end of this period.

Signals

Apollo Commercial Real Estate Finance 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 $18.36 and $18.18. A break down below any of these levels will issue sell signals. 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. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sales signal was issued from a pivot top point on Tuesday October 17, 2017, which indicates further falls until a new bottom pivot has been found.

The stock had a Golden Star Signal* on Wednesday October 11, 2017 in the mediumterm chart.

* Golden Star Signal* is when the short-term moving average, the long-term moving average, and priceline meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Relative Strength Index (RSI)

The stock holds a RSI14 at 76 and is currently being overbought on RSI. This does not have to be a sales signal as many stocks may go both long and hard while being overbought on the RSI. It is therefore important to evaluate the history of the share as it may tell you something about the RSI-sensitiveness.

Support & Resistance

Apollo Commercial Real Estate Finance finds support from accumulated volume at $18.18. On the upside the stock meets some resistance just above today's level from accumulated volume at $18.47, $18.57 and $18.69.

The stock is about to test the resistance from accumulated volume at $18.47 and this may cause the stock to take a minor break or get into a more sideways move for a few days.

Support: $18.18 Price: $18.41 Resistance: $18.47

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 $0.15 (0.82%) between high and low. For the last week, the stock has had a daily average volatility of 0.62%.

Our recommended stoploss: $17.84 (-3.09%) (This stock has low daily movements and this gives low risk. The RSI14 is 76 and this increases the risk substantially. There is a sell signal from pivot top found 2 days ago.)

Overall risk:

Very Low Low Medium High Very High

Evaluation

Apollo Commercial Real Estate Finance holds several positive signals, but we still don't find these to be enough for a buy-recommendation. At the current level we recommend to hold or accumulate in this position whilst awaiting for further development. Due to some small weaknesses in the technical picture we have downgraded our recommendation for this stock since last evaluation from a Buy Candidate to a Hold/Accumulate.

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