APD stock: buy or sell
Jan 18th, 2021
APD stock brief
- Air Products and Chemicals stock barely changed 0.23% to close at $286.91 on the stock market last Friday.
- Last Wednesday broke out above its latest top at $284.96
- Air Products and Chemicals, Inc. provides atmospheric gases, process and specialty gases, equipment, and services worldwide.
Should I buy Air Products and Chemicals 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 $APD stock a buy?
In the current situation of Air Products and Chemicals there is not any eligible buy setup. This doesn't mean we expect a selloff for $APD in the next few days, or that it may not climb higher. Simply, it doesn't match our recommended trading systems
Should I sell Air Products and Chemicals stock?
"To sell or not to sell", if you are holding Air Products and Chemicals shares?. Like when we have to buy shares, choosing when is appropiate time to sell is not a capricious decision, and we must adhere our own trading strategy. When selling, as well as buying, our setups are very easy to follow but are only valid for selling stocks you already own, not for selling short $APD stock
As a golden rule, you should not keep a trading operation that leads to greater losses than those expected at the time of the buy. The timing to sell your stock should always be determined by the stop-loss (automatic or manual)
Is it time to sell Air Products and Chemicals stock?
Currently, Air Products and Chemicals stock doesn't match any of our preferred sell setups, so if you hold Air Products and Chemicals stock and your operation is in profit probably is not time to sell now
Air Products and Chemicals ratings
In the last month, just one brokerage rating was published for Air Products and Chemicals
|Jan 7th, 2021|
|Jefferies Financial Group|| |
Air Products and Chemicals stock analysis
Last Wednesday, the price broke out above the previous top at $284.96 on the downtrend started last November. Since then, the price action resulted in a 0.68% profit.
Supports and resistances
The current resistance levels are:
The current support levels are:
Since the price surpassed the upper band last Wednesday, the price dropped by 1.87%. The price is moving near to the upper Bollinger band, signaling some level of overbought in recent sessions. This is not a sell point, as price can trade in these levels for many days and weeks
Relative strength index
When the moves for so long below 70 and above 30, without indicating moments of overvaluation and undervaluation, the indicator turns out to be of little use, and we are now in such a case.
Air Products and Chemicals stock price history
Air Products and Chemicals started trading on Mar 17th, 1980 priced at $0.00 per share1. Since then, APD stock surged by -, with an average of 0.00% per year. An investment of $1,000USD at that time would have a value of $inf nowadays.
1: Adjusted price after possible price splits or reverse-splits
Price target for Air Products and Chemicals stock
Nobody can predict how much a share will be priced tomorrow. However, many stock price predictions are published every day by banks, financial institutions and independent analysts.
Along with buy or sell recommendations, financial institutions publish their price target based on the stock price action and the company fundamental data. Most of these forecasts follow the release of new financial information by the company, and usually. Again, these estimates are not direct recommendations for individual investors and should not be trusted blindly.
There is just one price target available for Air Products and Chemicals that predicts a price of $324.00.
|Brokerage firm||Price target|
|Jan 7th, 2021|
|Jefferies Financial Group||$307.00 → $324.00|
Earnings and financials
Last November, Air Products and Chemicals, Inc. ($APD) posted adjusted EPS for that matched Wall St. expectations. Quarterly EPS was $2.19 per share compared to the forecasted $2.21. Reported sales were $2.3 billion, consistent with analysts' forecasts as well.This compares to Earnings of $2.27 per share same quarter last year, so posted EPS means a drop of -3.52%. Looking at turnover, figures merely changed compared to $22.8B year over year.
APD ($APD) posts Q1 earnings report on Friday. Expected for this quarter is $2.18, compared to $2.19 that was reported for Q4.
If you own or you are looking to buy APD stock, be vigilant as the financial reporting day usually has a higher than usual volatility, and price can gap up or down with unsually low liquidity and not honouring your buy or stop-loss orders. You can probably obtain more details about the earnings conference call and the earnings reports on the Investor Relations section of its website: http://www.airproducts.com.
Air Products and Chemicals performance
|Air Products and Chemicals ($APD)||6.80%||-3.10%||-1.30%|
Important:The comments contained in this post are personal and should not be followed as recommendations for you to buy or sell shares. The author of this paper does not have an understanding of the individual situations of the reader, his or her own finances or his or her own best interests at any given time. All users should speak with their financial advisor before buying or selling any securities Comments are posted for educative purposes only
|Friday, January 15th, 2021|
|Day range||$281.68 - $288.38|
|Average true range||$9.09|
|50d mov avg||$275.51|
|100d mov avg||$284.13|
|200d mov avg||$264.87|
|Earnings date||January 22nd, 2021|