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APPS

Technical Analysis of Digital Turbine (APPS)Looking at the stock's (APPS) historical performance, we can see a long lateral phase that lasted about 10 years. It broke out of this sideways trend with a strong bullish rally, reaching a peak of around $100. After that, the uptrend ended, and a downward phase began, following the formation of a Double Top technical pattern. The downtrend appears to have stopped near a support zone. When zooming in with a lower timeframe, we notice that the downtrend halted around this area. The stock broke a descending trendline and formed a bullish Head and Shoulders pattern. The neckline was broken with strength, accompanied by a substantial increase in volume, coinciding with the release of earnings and revenue reports. After the strong rally, the stock retraced and is now sitting at the Point of Control (POC) of a key volume area, which considers the entire history of the stock. Bullish Scenario The stock seems to be in a rebound phase after touching the POC. A continued upward movement could target the $7 area, which aligns with another significant volume area. Bearish Scenario If the POC area fails to hold, one could consider entering at the $1 level, which corresponds to a support area. Note of Caution: The stock has experienced a massive loss over three years, dropping from $100 to around $1.50. Therefore, it’s crucial to proceed with caution when evaluating this stock.
NASDAQ:APPS
by Giovanni_Bandini
2
GRPN, THE LITTLE COUPON APP THAT COULD (EARNINGS CHART)Can it keep going? Technically, yes. I see numbers up to $40. However, I'm posting this because I see this idea as far more likely to occur is some form. It looks like a potential top is about to occur. At these levels, with momentum, a drop could take price as low as $4. If not lower, down to $2. It's hard to be bullish on this stock with a chart like this. In other words, I'm saying, I don't know if there is more upside, and if there is, I'm okay with missing it because I'd rather not be wrong and ultimately lose money on the downside. Mostly a question of risk vs reward. I would ultimately be bearish overall. I think the pink zone might see a top and I think we could see trends break all the way down to the blue zone. Current pattern is highlighted.
NASDAQ:GRPNShort
by nicktussing77
Beautiful Breakout and strong fundamentals - AppLovin NASDAQ:APP has an outstanding chart in my opinion. I've been following this stock for years now and waiting for the right time to get in. Although it's already rallied 70% YTD, the momentum this particular stock has combined with it's increasingly impressive earnings reports make it a strong buy. They have been steadily increasing cash flow on top of accelerating earnings growth. The last 3 quarters it's beat analyst estimates and it's my personal opinion that we are in the midst of a era where web apps as well as mobile apps are being developed very rapidly, increasingly by individuals and smaller companies. Net Income, Margins and Returns on Equity and Assets are all increasing. No wonder it's more than quadrupled since it's bottom of $9.00 Think of Streamlit, for you coders, and Snowflake's NYSE:SNOW increasing presence in owning these, and similar technologies. NASDAQ:APP is operating in a similar space and they really offer it all when it comes to building applications for your business. The estimate revisions are surprising and look very strong going into next year. See the Zack's Estimate Revisions below. (Current Quarter/Next Current Year/Next) CQ NQ CY NY Current 0.56 0.59 2.48 3.08 7 Days Ago 0.56 0.59 2.48 3.08 30 Days Ago 0.33 0.31 1.56 1.71 60 Days Ago 0.33 0.31 1.58 1.71 90 Days Ago 0.33 0.31 1.58 1.63
NASDAQ:APPLong
by DontSlamTheDoor
One of the Fastest Growing Companies in AdTechAfter a monster year of growth for Digital Turbine, analysts believe the expansion doesn't stop here. Over the next three years, analysts predict the company will continue to grow EPS at a ~ 45% CAGR while expanding revenue at an average ~ 28% CAGR. Although short-term liabilities outweigh short-term assets like cash and A/R due to acquisitions, it is predicted that the procurements of Fyber, AdColony, and Appreciate will help accelerate Digital Turbine's more prominent and profitable role in the fast-growing and secularly-thriving $200+ billion mobile ad/connected TV marketplace. As for the technicals, we're witnessing a similar setup as the '18-'19 bull run that $APPS experienced. Distribution breakdowns into a falling wedge until volume begins to pick back up (breakdowns are primarily due to the macro environment, not the company's fundamentals). I chose the fiscal Q4 2022 ER date as a rough estimate for when $APPS might break the downtrend. By no means has Digital Turbine reversed course fundamentally, and I'd like the next ER to confirm that. GLTA! (Disclaimer, I am long $APPS with both a long-term position and LEAPS call options).
NASDAQ:APPSLong
by ClargyInvesting
Digital turbine / APPS ANALYSISDigital Turbine is a company I've been swinging for months. I believe the Stock is under some pressure and it has a crucial resistance level at 44.80. Today it APPS sits around 43.60 and it is green. If APPS gets to breaks the resistance level of 44.80 the stock is going to hit around another resistance level at 47.70 and if it keeps showing strength the stock will break through and hit the mid digit 50's giving you a 10 dollar gain per share again. But if the stock under performs under pressure the stock and breaks support at 39.50 the stock will go to the redder ends of the market and could hit the prices around 37-35 taking a 10 dollar loss per share. Digital turbine values it's company at around 96 and it is expanding quickly. Do your own research and let me know if you want me to do any other analysis.
NASDAQ:APPS
by Alfiojparisi
$APPS - Digital Turbine Inc. LONG setup$APPS went through a 50% correction from the last high and even closed the gap from august 31st. If we see a bounce in the tech market I would think that $APPS might perform very well. This is NOT a longterm hold and investment at the moment, just a swing trade, so strict profit taking is advised! Buy In: Now Stop Loss: we literally pick the bottom here, so the stop has to be the low of the last candle at around 46$ Take profits like you see them in the chart
NASDAQ:APPSLong
by 10xTrading
1