AmeriGas Partners, L.P. (NYSE:APU) Stock Under The Trend-line Looks for a Reversal

AmeriGas Partners, L.P. (NYSE:APU) shares have experienced a recent steady downtrend, causing some concern for shareholders.

In order to gauge which way a stock is trending, you must compare a stock’s share price to its moving average.  Uptrending stocks trade above their moving averages, while downtrending stocks trade below.

Moving Average 

It is important to consider the moving averages of a downtrending security.  We see here that AmeriGas Partners, L.P. (NYSE:APU) is -1.80% away from the 20-Day Simple Moving Average.  Their 50-Day Simple Moving Average is a difference of -1.23% from current levels. 

Further back, their 200-Day Simple Moving Average is -1.58% difference from today’s price.  Currently, the stock is -5.70% from its 50-Day High and 2.91% from the 50-day low. 

RSI and Recommendations

AmeriGas Partners, L.P.’s RSI is 41.56.  Based on the stock’s volatility for the week, which is a statistical measure of the dispersion of returns for a given stock and represents average daily high/low percentage range of 1.45% and month of 1.63%.  

Wall Street analysts have a consensus 3.00 recommendation on the stock.  

AmeriGas Partners, L.P. (NYSE:APU)’s performance this year to date is -7.58%.  The stock has performed -0.98% over the last seven days, -1.58% over the last thirty, and 2.76% over the last three months.  Over the last six months, AmeriGas Partners, L.P.’s stock has been -0.11% and -4.65% for the year.

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