APP Stalls at $393.22 Amid Bearish EMAs
Applovin Corp (APP) closed up 3.31% at $393.22 on February 25.
From a technical standpoint, the outlook appears mixed:
Momentum
RSI at 38.9 is showing no strong directional bias. MACD reads -47.39 against its -50.47 signal line (bullish).
Moving Averages
Price sits below both the 9-day ($406.00) and 21-day ($445.83) EMAs, suggesting short-term weakness.
Volatility
Bollinger Band width at 54.4% indicates normal volatility.
While EMAs remain bearish, positive MACD divergence hints at potential support around $319.42.
The $319.42-$558.10 range defines near-term boundaries.
