Preferred Apartment Communities Technical Analysis (NYSE:APTS)
Technical analysis is the study of stock price and volume data through technical charts. This analysis does not take into account the intrinsic value of a stock. When a chart pattern that can predict future Preferred Apartment Communities stock price movements is formed, the APTS stock chart can become a key tool for a technical analyst.
View technical indicators like moving averages (SMA and EMA), and bollinger bands for Preferred Apartment Communities. The technical analysis form of Preferred Apartment Communities stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Preferred Apartment Communities Moving Average:
Moving averages show the APTS stock price trend. The two most popular types of moving averages are the Simple Moving Average (SMA) and the Exponential Moving Average (EMA). The 20 day moving average of $17.63 is below the last closing price of $18.19 and the 50 day moving average of $16.69 is below the $18.19 price. The 10 and 20 day periods can predict short term moving average trends.
Preferred Apartment Communities Bollinger Bands:
Bollinger bands consist of two price bands above and below a center line for any company stock like Preferred Apartment Communities. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. Preferred Apartment Communities bollinger bands show that the stock price is $18.19, upper band is 10.09, lower band is 9.6, and the average is 9.84.
Preferred Apartment Communities Moving Average Convergence Divergence or MACD:
The moving average convergence divergence or MACD is a technical indicator which helps gauge the stock price trend, as the indicator is useful in understanding the strength, direction and momentum of the stock price. The Preferred Apartment Communities MACD indicator is below 0 indicating a bearish trend.
Preferred Apartment Communities Relative Strength Index:
The RSI is a valuable tool to determine overbought / oversold stocks and measures the recent performance of a stock in relation to its own stock price history. The relative strength index of APTS stock is 56.44. .