Applovin (APP) Stock Analysis: Bullish Trend with Consolidation in Key Range
The stock closed the week at $375.7, up 1.66%. It declined 1.29% on Friday.
The price is trading above the 50, 100, and 200-day EMAs, indicating a short-term bullish bias. The 50, 100, and 200-day EMAs are at $324.8, $277.1, and $207.5, respectively. The daily RSI is at 63, and the MACD is bullish.
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The price is consolidating within the range of $310 to $415. Immediate support levels are the 50-, 100-, and 200-day EMAs.
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