APPS – Digital Turbine, Inc. [Technology, Software]


Context Technical Analysis

In mid-November APPS moved above its 10- 20- and 50-day exponential moving averages.

The stock is currently moving in a bullish channel between its 10-day exponential moving average and the upper Bollinger Band.

The stock’s 20- and 50-day exponential moving averages follow below the 10-day exponential moving average, a sign of a strong uptrend

Momentum

MACD moved above its signal line in mid-November and it’s moving up since then

Relative Strength

APPS’s Relative Strength is moving mostly up and above its 20-day exponential moving average since mid-November.

Different Time Frame

The stock’s weekly chart at the bottom is bullish because:

1. APPS moves between its 10-day exponential moving average and the upper Bollinger Band since November 2018.

2. The MACD is above its signal line and in positive territory

In addition, the stock’s Relative Strength is moving up and above its 20-day exponential moving average since November 2018

Suggested Buy

Buy above 9

Suggested Stop Loss

Sell at 7.5

Recommended Size

650 shares


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