AppLovin stock gains 10.69% to close at $271.75, but resistance remains
Photo: The Cryptonomist
AppLovin stock has a neutral daily bias with a conditional bullish case. The $271.75 close stands above its 20-session exponential average, but below the 50- and 200-session averages. Positive daily MACD divergence from its signal supports the bullish argument, while the hourly chart presents a nearby resistance hurdle. Key takeaways AppLovin stock closed at $271.75 on Wednesday, above the daily 20-session EMA at $263.38 but below the 50-session EMA at $293.13 and 200-session EMA at $390.38. Daily RSI14 is 50.81, near neutral; the daily MACD histogram is 0.99, with the MACD line at -12.67 above its signal at -13.66.
Source: The Cryptonomist
