AppFolio (APPF) Recently Broke Out Above the 200-Day Moving Average

AppFolio (APPF) is looking like an interesting pick from a technical perspective, as the company reached a key level of support. Recently, APPF crossed above the 200-day moving average, suggesting a long-term bullish trend. The 200-day simple moving average helps traders and analysts determine overall long-term market trends for stocks, commodities, indexes, and other financial instruments. The indicator moves higher or lower along with longer-term price moves, serving as a support or resistance level. Over ...