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. The Preferred Apartment Communities stock price data and volume are plotted in APTS stock charts and these trading charts form the basis of technical analysis.
See Preferred Apartment Communities bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. Technical analysis uses an approach for Preferred Apartment Communities stock analysis that does not care for the fair value of a company but uses price and volume data only.
Preferred Apartment Communities Moving Average
Moving averages help predict the price direction of APTS stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. The 20 day moving average of $14.76 is below the last closing price of $14.81 and the 50 day moving average of $14.56 is below the last closing price of $14.81. The 10 and 20 day periods can predict short term moving average trends.
Preferred Apartment Communities 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 APTS stock. Preferred Apartment Communities bollinger bands show that the stock price is $14.81, upper band is 15.36, lower band is 14.17, and the average is 14.76.
Preferred Apartment Communities 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 Preferred Apartment Communities MACD line is below the signal line.
Preferred Apartment Communities 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. 48.15 is the RSI value of APTS stock.