Uptrend in Applied Digital

TradingView2026/04/20 17:15

By:TradingView

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Applied Digital rallied hard last year, and some traders may see further upside.

The first pattern on today’s chart is the 200-day simple moving average (SMA). The datacenter developer tested that rising SMA last month but rebounded above it. The 50-day SMA is also above the 200-day SMA. Those points may reflect a longer-term uptrend.

Second, APLD had a monthly high at $29.43 on March 11. Prices jumped above that level last week and have remained there since. Is that a breakout with old resistance becoming new support?

Next, the 8-day exponential moving average (EMA) recently crossed above the 21-day EMA. MACD is also rising. Those points may reflect short-term bullishness.

Finally, APLD is an active underlier in the options market. (It averages more than 120,000 contracts per day, according to TradeStation data.) That could help traders take positions with calls and puts.

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Uptrend in Applied Digital

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