Appian Corp (APPN): Price Now Near $117.68; Daily Chart Shows An Uptrend on 50 Day Basis

The Hourly View for APPN

At the time of this writing, APPN (Get Ratings)’s price is up $0.31 (0.26%) from the hour prior. APPN has seen its price go down 8 out of the past 10 hours, thus creating some compelling opportunities for bears. Regarding the trend, note that the strongest trend exists on the 50 hour timeframe. The moving averages on the hourly timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders.

APPN ranks 111th in terms of today’s price percentage change out of Business Services stocks.

APPN’s Technical Outlook on the Daily Chart

Currently, APPN’s price is up $0.23 (0.2%) from the day prior. This is a reversal of the price action on the previous day, in which price moved down. Regarding the trend, note that the strongest trend exists on the 100 day timeframe. The moving averages on the daily timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders. The chart below shows APPN’s price action over the past 90 days.

APPN

<

APPN: Daily RSI Analysis

  • For APPN, its RSI is now at 67.9898.
  • APPN and RSI may be exhibiting divergent trends. This may be something to monitor.

Want More Great Investing Ideas?

9 “MUST OWN” Growth Stocks for 2021

5 WINNING Stock Chart Patterns

7 Best ETFs for the NEXT Bull Market