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Advanced TA SearchArchive - 5/10/2024 - Sign In to see current Signals. |
Aptiv PLC (APTV) Technical Analysis
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| Summary:
| | Weekly : | | Daily : Move cursor over the icon to see details.
| | It was a third positive week after 3 consecutive negative weeks for the Aptiv PLC (APTV). During the week, the APTV gained 1.95 points, or 2.41%, and closed at 82.78 on Friday, May 10, 2024. Weekly volume was 8% above average. APTV is a member of Consumer Discretionary Sector. Consumer Discretionary is the second most oversold sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry. Long-term trend: [See APTV long-term trend chart] A long-term downtrend had started on November 4, 2021 at 180.81 and reached 68.84 on April 18, 2024. APTV lost 111.97 points, or 61.93%, in 128 weeks. The chart has formed a Symmetric Triangle chart pattern. The trend support level is at 99.23 and resistance is at 77.15. A Symmetric Triangle pattern represents the area of indecision, where the movement direction is questioned. Chart pattern analysis usually considers a symmetric triangle chart pattern as a continuation formation which resolves in the direction of larger trend, but it also may mark the trend reversal. Use the following link to access a Symmetric Triangle chart pattern help, or use a Technical Stock Screener to see the list of stocks with Symmetric Triangle pattern in a long-term trend. Medium-term trend: [See APTV medium-term trend chart] A medium-term downtrend had started on January 2, 2024 at 91.66 and reached 68.84 on April 18, 2024. APTV lost 22.82 points, or 24.90%, in 15 weeks. The chart has formed a Falling Channel chart pattern. The downtrend resistance line (66.56) is broken. Usually a broken resistance is considered to be a long-term bullish signal, but since daily indicators are overbought a short-term pull back is possible. APTV may retest the broken resistance line. It is considered to be a support line now. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a medium-term trend. Weekly Technical Indicators: [See APTV weekly technical indicators chart] Weekly technical indicators are neutral. During the last week, weekly Lane's Stochastic signal line (%D) has moved above oversold area. Such crossover is considered a bullish signal. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Lane's Stochastic help. During the last week, weekly MACD line has moved above its signal line. Such crossover is considered a bullish signal. Use the following link to access a MACD help. Short-term trend: [See APTV short-term trend chart] A short-term uptrend had started on April 18, 2024 at 68.84 and reached 85.56 on May 7, 2024. APTV gained -16.72 points, or -24.29%, in 19 days. The price is now at the 16.63% retracement level. Daily Technical Indicators: [See APTV daily technical indicators chart] Daily Williams' Percentage Range and Lane's Stochastic are overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Williams' Percentage Range and Lane's Stochastic. Use the following link to access Williams' Percentage Range help. The daily MACD line is above its signal line since April 26, 2024. This is an indication that the short-term trend is up. The distance between MACD and the signal line is relatively high and getting bigger. It indicates that the current short-term uptrend is strong.
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