AppFolio Technical Analysis (NASDAQ:APPF)
Technical analysis is based on the study of past price and volume movements of a security with the help of technical stock charts or trading charts. The AppFolio stock price data and volume are plotted in APPF stock charts and these trading charts form the basis of technical analysis.
See AppFolio bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. Technical analysis uses an approach for AppFolio stock analysis that does not care for the fair value of a company but uses price and volume data only.
AppFolio Moving Average
Moving averages help predict the price direction of APPF stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. The longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for AppFolio are mostly signals of long term trends and will help long term traders.
AppFolio Bollinger Bands
Bollinger Bands were developed by the famous technical trader John Bollinger and are a measure of the volatility of a stock like the APPF stock. AppFolio bollinger bands show that the stock price is $77.15, upper band is 69.7, lower band is 59.2, and the average is 64.45.
AppFolio Moving Average Convergence Divergence or MACD
The moving average convergence divergence or MACD is a technical indicator which helps assess the stock price trend. Traders usually wait for a confirmed crossover signal before entering into a trading position. Divergence implies that the current stock price trend could come to an end, when the stock price diverges from MACD. The AppFolio MACD line is above the signal line.
AppFolio Relative Strength Index
The relative strength index compares the magnitude of recent gains to recent losses and is a momentum indicator. It attempts to assess overbought and oversold conditions of a stock. The relative strength index of APPF stock is 71.57.