Apollo Investment Corporation (AINV)

AINV stock forecast: buy or sell

AINV stock outlook

  • Apollo Investment stock inched 1.2% to close at $9.31 on the stock market today, after 3 consecutive sessions in red.
  • Price is drawing a scaled uptrend since mid-March with higher tops and higher bottoms. This uptrend marked a 86.57% gain
  • Apollo Investment Corporation is business development company specializing in middle market companies.
No ad for you

Please read:
The opinions contained in this article are personal and should not be followed as recommendations for you to buy or sell stocks. The author of this paper does not have an understanding of the individual positions of the reader, his or her financial statements or what is in his or her best interest at any given time. All users should speak with their financial advisor before buying or selling any securities Viewpoints are expressed for general educational motives only

AINV stock chart overview

Should I buy Apollo Investment stock?

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

Is AINV stock a buy?

Currently, Apollo Investment stock matches one trading strategy:

Uptrend buy setup

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 setupBuy pointStop lossRisk
Uptrend buy setup$11.47$10.3210%
No ad for you

Should I sell Apollo Investment stock?

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)

Is it time to sell Apollo Investment stock?

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

Price lost SMA50 level

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

No ad for you

Analysts' recommendations to buy or sell Apollo Investment stock

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

No ad for you

Technical analysis

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)

SMAs overview

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

Supports and resistances

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:

  • R1: $9.51 (2.15% above)
  • R2: $9.55 (2.58% above)
  • R3: $9.56 (2.69% above)
  • The current support levels are:

  • S1: $9.23 (-0.86% below)
  • S2: $9.22 (-0.97% below)
  • S3: $9.20 (-1.18% below)
  • Bollinger bands

    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

    Relative strength index

    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

    No ad for you

    Earnings and financials

    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.

    No ad for you