All successful traders recommend adhering to a trading strategy and not make decisions based on subjective opinions, rumors or feelings. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best moment to buy them. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best
Currently, Apollo Investment stock matches one trading strategy:
Apollo Investment stock is in an uptrend since in mid-March that so far has marked a gorgeous 87% gain. Price marked a local bottom in this uptrend at $9.01 last Friday, and since then it bounced off a 3.33%. Breaking out over $11.47 - it's last top - will be a good entry point if Apollo Investment resumes the uptrend. If you decide to enter this trade, the suggested stop loss is at $10.32
| Buy setup | Buy point | Stop loss | Risk |
| Uptrend buy setup | $11.47 | $10.32 | 10% |
How to know when is it time to sell Apollo Investment?. Trading strategies allow us to avoid impulsive decisions based on our personal emotions or the buzz that surrounds the market. When selling, as well as buying, detailed setups are very simple to use but are only valid for selling stocks you already own, not for selling short Apollo Investment stock
A guiding principle is that you should never mantain an investment that produces greater losses than those expected upon purchase. The timing to sell your stock should always be determined by the stop-loss (automatic or manual)
Currently, Apollo Investment stock doesn't match any of our preferred sell setups, so if you own Apollo Investment shares and your operation is in profit probably is not time to sell now
Since Apollo Investment moved up above the 50-d MA in mid-May shares gained a 17.91%. On July 7, the price broke down the 50-d SMA showing that the previous uptrend might have reached its end. For mid-term investors who benefited from the stock during the period the price was above the average, this flag should be a heads up and a reason to sell the stock and get their gains
Brokerage firms and financial institutions post stock ratings based on their views of the market and the fundamental and technical situation of the analyzed stock. Unfortunately, the accuracy of these predictions is not very high, and certainly not a direct buy or sell signal
In the previous month we couldn't find any rating for Apollo Investment
Apollo Investment stock started an uptrend in mid-March, and gained an amazing 86.57%. The price line shows higher highs and higher lows, and along the way gave some entry points for those who wanted to invest. Latest pullback was last Friday, when price bounced at $9.01. Currently, it swings in a consolidation between its last top ($11.47) and its last bottom ($9.01)
A favorite tool of many technical analysts are the moving averages, that easily show market direction. A moving average is the average price of a stock over a set period of time. Usual time periods used for moving averages are 21 days, 50 days, 100 days and 200 days. Further about Moving Averages from sources like Wikipedia and Investopedia
Technical analysts use support and resistance levels as a way to spot price points in the stock price action that tend to behave as obstacles, containing the price of an asset to move up or down. Supports are levels where the price may stop as it falls. Price is more likely to "bounce off" this level rather than break through it. Nevertheless, if the price breaks down this level, it is likely to continue falling until approaching another support level. On the contrary, a resistance level is where the price may find a curb as it rises. Again, this means that the price is more liable to "rebound" at this level, and if it finally crosses this level, the price will rise more easily until it finds the next resistance
The current resistance levels are:
The current support levels are:
This is an indicator that was created in the 1980s by John Bollinger. Essentially, the Bollinger Bands are bands that flow around a centralmoving average and vary the distance from the bottom to the top depending on market volatility. They are usually drawn by an interval of two standard deviations, above and below, from a moving average line. Bollinger himself recommends the moving average period to be 20
The relative strength index (RSI) is a technical indicator used in the analysis of financial markets. Its objective is to chart the current and historical strength or weakness of a stock or market based on the closing prices of a recent trading period. Like other oscillation indicators, the RSI ranges from 0 to 100. J. Welles Wilder introduced the relative strength indicator in 1978 and since then it has been widely used by stock traders
The RSI dropped below the overbought level of 70 in mid-June after just crossing to the overbough zone for 1 day (weak signal). The RSI reading today was 46.18. Apollo Investment shares dropped a 17.17% since RSI lost the overbought zone
Apollo Investment Corporation (AINV) posted adjusted EPS for the fiscal first-quarter that highly uplifted Wall St. expectations. Quarterly EPS was $0.59 per share from an estimated $0.45. This Q1 report represents an earnings surprise of 31.11%. Estimated turnover was $67.8 million but Apollo Investment slightly improved by 5.68%, posting $71.6 million.
By comparison, the EPS for the same quarter last year was $0.47, so posted EPS is a increase of 25.53%. Sales exploded a 16.59% on an annualized basis in the Q1, from $61.4M to $71.6M last quarter. Apollo Investment posted 3 year over year quarterly positive results, improving sales by 142.13% from $-1,699,700,000.00 on 2017-Q2.
AINV releases quarterly earnings report on early next August. Estimated earnings of %s a share for this quarter is $0.46. If you own or you are considering buying AINV stock, you must be on alert as the earnings reporting day usually has a higher than usual volatility, and price can soar and sink with unsually low liquidity and not honouring your buy or stop-loss orders. Have a look company's website to confirm time and details on the earnings call and the earnings report.