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.
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.