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Applovin Corp
Buy, Hold or Sell?

Let's analyse Applovin together

PenkeI guess you are interested in Applovin Corp. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Applovin Corp. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

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Quick analysis of Applovin (30 sec.)










What can you expect buying and holding a share of Applovin? (30 sec.)

How much money do you get?

How much money do you get?
$0.05
When do you have the money?
1 year
How often do you get paid?
23.8%

What is your share worth?

Current worth
$3.62
Expected worth in 1 year
$1.36
How sure are you?
28.6%

+ What do you gain per year?

Total Gains per Share
$-2.20
Return On Investment
-3.2%

For what price can you sell your share?

Current Price per Share
$69.22
Expected price per share
$40.71 - $
How sure are you?
50%

1. Valuation of Applovin (5 min.)




Live pricePrice per Share (EOD)

$69.22

Intrinsic Value Per Share

$46.61 - $55.42

Total Value Per Share

$50.22 - $59.03

2. Growth of Applovin (5 min.)




Is Applovin growing?

Current yearPrevious yearGrowGrow %
How rich?$1.2b$1.9b-$484m-33.6%

How much money is Applovin making?

Current yearPrevious yearGrowGrow %
Making money$89.1m-$48.2m$137.4m154.1%
Net Profit Margin10.2%-7.3%--

How much money comes from the company's main activities?

3. Financial Health of Applovin (5 min.)




What can you expect buying and holding a share of Applovin? (5 min.)

Welcome investor! Applovin's management wants to use your money to grow the business. In return you get a share of Applovin.

What can you expect buying and holding a share of Applovin?

First you should know what it really means to hold a share of Applovin. And how you can make/lose money.

Speculation

The Price per Share of Applovin is $69.22. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Applovin.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Applovin, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is $3.62. Based on the TTM, the Book Value Change Per Share is $-0.56 per quarter. Based on the YOY, the Book Value Change Per Share is $0.09 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is $0.01 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Applovin.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 $% of Price per Share$% of Price per Share$% of Price per Share$% of Price per Share$% of Price per Share
Usd Eps0.500.7%0.250.4%-0.14-0.2%0.020.0%0.020.0%
Usd Book Value Change Per Share0.550.8%-0.56-0.8%0.090.1%0.190.3%0.170.2%
Usd Dividend Per Share0.000.0%0.010.0%0.000.0%0.040.1%0.030.0%
Usd Total Gains Per Share0.550.8%-0.55-0.8%0.090.1%0.230.3%0.210.3%
Usd Price Per Share39.85-30.32-29.88-24.13-22.98-
Price to Earnings Ratio20.10--60.71--31.30-1,985.57-1,891.02-
Price-to-Total Gains Ratio73.10--3.33--210.76--87.38--87.38-
Price to Book Ratio11.02-8.34-5.66-5.00-4.76-
Price-to-Total Gains Ratio73.10--3.33--210.76--87.38--87.38-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share69.22
Number of shares14
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.010.04
Usd Book Value Change Per Share-0.560.19
Usd Total Gains Per Share-0.550.23
Gains per Quarter (14 shares)-7.703.18
Gains per Year (14 shares)-30.8012.71
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
11-32-412113
22-63-7242116
32-95-10363229
43-126-13484342
54-158-165105355
65-189-196126468
75-221-227147581
86-253-258168594
97-284-2891896107
108-316-32020107120

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share3.01.00.075.0%7.05.00.058.3%11.09.00.055.0%12.09.00.057.1%12.09.00.057.1%
Book Value Change Per Share1.03.00.025.0%5.07.00.041.7%6.08.06.030.0%6.09.06.028.6%6.09.06.028.6%
Dividend per Share3.00.01.075.0%5.00.07.041.7%5.00.015.025.0%5.00.016.023.8%5.00.016.023.8%
Total Gains per Share1.03.00.025.0%5.07.00.041.7%6.08.06.030.0%6.09.06.028.6%6.09.06.028.6%

Fundamentals of Applovin

About Applovin Corp

AppLovin Corporation engages in building a software-based platform for advertisers to enhance the marketing and monetization of their content in the United States and internationally. It operates through two segments, Software Platform and Apps. The company's software solutions include AppDiscovery, a marketing software solution, which matches advertiser demand with publisher supply through auctions; MAX, an in-app bidding software that optimizes the value of a publisher's advertising inventory by running a real-time competitive auction; Adjust, a measurement and analytics marketing platform that provides marketers with the visibility, insights, and tools needed to grow their apps from early stage to maturity; and Wurl, a connected TV platform, which distributes streaming video for content companies and provides advertising and publishing solutions through its AdPool, ContentDiscovery, and Global FAST Pass products. It also offers SparkLabs, which uses app store optimization to enhance ad visibility; AppLovin Exchange, which connects buyers to mobile and CTV devices through a single and direct RTB exchange; and Array, an end-to-end app management suite for mobile operators and end users. In addition, the company operates various free-to-play mobile games. It serves individuals, small and independent businesses, enterprises, advertisers and advertising networks, mobile app publishers, indie studio developers, and internet platforms. AppLovin Corporation was incorporated in 2011 and is headquartered in Palo Alto, California.

Fundamental data was last updated by Penke on 2024-03-20 10:01:06.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge profit.
Using its assets, the company is less efficient in making profit.
Using its investors money, the company is less efficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating efficient.
The company is less efficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is able to pay all its short-term debts.
The company is very able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is able to pay all its debts by selling its assets.
The company is unable to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is overpriced.
Based on the earnings, the company is expensive.
Based on how much money comes from the company's main activities, the company is cheap.

1.1. Profitability of Applovin Corp.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Applovin earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare Applovin to the Software - Application industry mean.
  • A Net Profit Margin of 18.1% means that $0.18 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Applovin Corp:

  • The MRQ is 18.1%. The company is making a huge profit. +2
  • The TTM is 10.2%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ18.1%TTM10.2%+7.9%
TTM10.2%YOY-7.3%+17.5%
TTM10.2%5Y0.5%+9.6%
5Y0.5%10Y1.1%-0.5%
1.1.2. Return on Assets

Shows how efficient Applovin is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Applovin to the Software - Application industry mean.
  • 3.2% Return on Assets means that Applovin generated $0.03 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Applovin Corp:

  • The MRQ is 3.2%. Using its assets, the company is less efficient in making profit.
  • The TTM is 1.7%. Using its assets, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ3.2%TTM1.7%+1.5%
TTM1.7%YOY-0.8%+2.5%
TTM1.7%5Y0.4%+1.3%
5Y0.4%10Y0.8%-0.5%
1.1.3. Return on Equity

Shows how efficient Applovin is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Applovin to the Software - Application industry mean.
  • 13.7% Return on Equity means Applovin generated $0.14 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Applovin Corp:

  • The MRQ is 13.7%. Using its investors money, the company is less efficient in making profit.
  • The TTM is 7.2%. Using its investors money, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ13.7%TTM7.2%+6.5%
TTM7.2%YOY-2.4%+9.6%
TTM7.2%5Y1.1%+6.1%
5Y1.1%10Y1.0%+0.1%

1.2. Operating Efficiency of Applovin Corp.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Applovin is operating .

  • Measures how much profit Applovin makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Applovin to the Software - Application industry mean.
  • An Operating Margin of 28.3% means the company generated $0.28  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Applovin Corp:

  • The MRQ is 28.3%. The company is operating very efficient. +2
  • The TTM is 16.0%. The company is operating efficient. +1
Trends
Current periodCompared to+/- 
MRQ28.3%TTM16.0%+12.3%
TTM16.0%YOY-6.9%+22.9%
TTM16.0%5Y6.4%+9.6%
5Y6.4%10Y7.0%-0.6%
1.2.2. Operating Ratio

Measures how efficient Applovin is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Software - Application industry mean).
  • An Operation Ratio of 0.72 means that the operating costs are $0.72 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Applovin Corp:

  • The MRQ is 0.717. The company is efficient in keeping operating costs low. +1
  • The TTM is 0.810. The company is less efficient in keeping operating costs low.
Trends
Current periodCompared to+/- 
MRQ0.717TTM0.810-0.093
TTM0.810YOY1.025-0.214
TTM0.8105Y0.808+0.003
5Y0.80810Y0.781+0.027

1.3. Liquidity of Applovin Corp.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Applovin is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Software - Application industry mean).
  • A Current Ratio of 1.71 means the company has $1.71 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Applovin Corp:

  • The MRQ is 1.712. The company is able to pay all its short-term debts. +1
  • The TTM is 2.375. The company is able to pay all its short-term debts. +1
Trends
Current periodCompared to+/- 
MRQ1.712TTM2.375-0.663
TTM2.375YOY3.113-0.738
TTM2.3755Y2.402-0.028
5Y2.40210Y2.405-0.002
1.3.2. Quick Ratio

Measures if Applovin is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Applovin to the Software - Application industry mean.
  • A Quick Ratio of 1.54 means the company can pay off $1.54 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Applovin Corp:

  • The MRQ is 1.542. The company is very able to pay all its short-term debts with the most liquid assets. +2
  • The TTM is 2.173. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ1.542TTM2.173-0.631
TTM2.173YOY2.818-0.645
TTM2.1735Y1.781+0.392
5Y1.78110Y1.728+0.053

1.4. Solvency of Applovin Corp.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Applovin assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Applovin to Software - Application industry mean.
  • A Debt to Asset Ratio of 0.77 means that Applovin assets are financed with 76.6% credit (debt) and the remaining percentage (100% - 76.6%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Applovin Corp:

  • The MRQ is 0.766. The company is just able to pay all its debts by selling its assets.
  • The TTM is 0.737. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.766TTM0.737+0.028
TTM0.737YOY0.676+0.062
TTM0.7375Y0.874-0.137
5Y0.87410Y0.890-0.016
1.4.2. Debt to Equity Ratio

Measures if Applovin is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Applovin to the Software - Application industry mean.
  • A Debt to Equity ratio of 326.6% means that company has $3.27 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Applovin Corp:

  • The MRQ is 3.266. The company is unable to pay all its debts with equity. -1
  • The TTM is 2.891. The company is unable to pay all its debts with equity. -1
Trends
Current periodCompared to+/- 
MRQ3.266TTM2.891+0.375
TTM2.891YOY2.083+0.807
TTM2.8915Y1.215+1.675
5Y1.21510Y1.158+0.058

2. Market Valuation of Applovin Corp

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every $1 in earnings Applovin generates.

  • Above 15 is considered overpriced but always compare Applovin to the Software - Application industry mean.
  • A PE ratio of 20.10 means the investor is paying $20.10 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Applovin Corp:

  • The EOD is 34.914. Based on the earnings, the company is overpriced. -1
  • The MRQ is 20.100. Based on the earnings, the company is fair priced.
  • The TTM is -60.713. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD34.914MRQ20.100+14.814
MRQ20.100TTM-60.713+80.813
TTM-60.713YOY-31.304-29.409
TTM-60.7135Y1,985.575-2,046.288
5Y1,985.57510Y1,891.023+94.551
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Applovin Corp:

  • The EOD is 17.168. Based on how much money comes from the company's main activities, the company is underpriced. +1
  • The MRQ is 9.884. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is 10.916. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD17.168MRQ9.884+7.284
MRQ9.884TTM10.916-1.032
TTM10.916YOY-26.428+37.344
TTM10.9165Y8.974+1.941
5Y8.97410Y8.547+0.427
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Applovin is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Software - Application industry mean).
  • A PB ratio of 11.02 means the investor is paying $11.02 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Applovin Corp:

  • The EOD is 19.146. Based on the equity, the company is expensive. -2
  • The MRQ is 11.022. Based on the equity, the company is expensive. -2
  • The TTM is 8.336. Based on the equity, the company is overpriced. -1
Trends
Current periodCompared to+/- 
EOD19.146MRQ11.022+8.124
MRQ11.022TTM8.336+2.686
TTM8.336YOY5.661+2.675
TTM8.3365Y5.000+3.337
5Y5.00010Y4.762+0.238
2. Total Gains per Share

3. Holders & Insider Transactions

Let's take a look at which institutions, funds and insiders are holding shares of Applovin Corp.

3.1. Institutions holding Applovin Corp

Institutions are holding 51.075% of the shares of Applovin Corp.

DateNameTotal SharesTotal AssetsCurrent SharesChange%
2023-12-31GQG Partners LLC7.51172.166725689782-392631-1.5053
2023-12-31Vanguard Group Inc4.51430.013415438728-2660505-14.6995
2023-12-31BlackRock Inc2.54920.008987182422348802.7687
2023-12-31BP WEALTH MANAGEMENT, LLC2.05216.80337018096-770524-9.8929
2023-12-31SPRUCE HOUSE INVESTMENT MANAGEMENT LLC1.46215.6638500000000
2023-12-31Kohlberg Kravis Roberts & Co LP1.30115.2403444989000
2023-12-31Goldman Sachs Group Inc1.04310.01283567266169124190.1502
2023-12-31NetEase, Inc.1.027392.4588351333100
2023-12-31State Street Corporation0.91370.00613124932548431.7864
2023-12-31Two Sigma Investments LLC0.74990.23472564562105662270.0706
2023-12-31Geode Capital Management, LLC0.74350.01062542706223200.8856
2023-12-31Two Sigma Advisers, LLC0.7110.2269243151496480065.7797
2023-12-31Morgan Stanley - Brokerage Accounts0.67270.0081230058840401221.3022
2023-12-31First Trust Advisors L.P.0.67220.1229874068625842.5591
2023-09-30No Street GP LP0.58369.53661995766-708734-26.2057
2023-09-30Kensico Capital Management Corp0.5763.33671970000-29200-1.4606
2023-12-31Spyglass Capital Management LLC0.44274.33991513873-368175-19.5625
2023-09-30Citadel Advisors Llc0.40940.012140008655257265.1992
2023-12-31Jericho Capital Asset Management LP0.39921.6657136532713653270
2023-12-31Keenan Capital LLC0.369611.86981263937-382000-23.2087
Total 28.7043153.715198167366+1721106+1.8%

3.2. Funds holding Applovin Corp

DateNameTotal SharesTotal AssetsCurrent SharesChange%
2024-02-29Vanguard Total Stock Mkt Idx Inv1.45630.01924980403-22114-0.4421
2024-02-29Vanguard Small Cap Index1.19720.1744094436386730.9535
2024-02-29Vanguard Small Cap Growth Index Inv0.67150.3932296464350811.5513
2023-12-31GQG Partners Global Equity-obsolete0.61692.4012109642988874.9179
2024-02-29Vanguard Institutional Extnd Mkt Idx Tr0.56120.1123191913329350.1532
2023-12-31GQG Partners US Select Quality Eq Instl0.45063.54081541154-34496-2.1893
2023-12-31GQG Partners Global Equity I USD Acc0.41882.4151143239200
2024-02-29First Trust Cloud Computing ETF0.40642.6392139000700
2024-02-29Vanguard Information Technology ETF0.38920.1044133090467970.5133
2024-02-29State St Russell Sm/Mid Cp® Indx NL Cl C0.37350.18261277306192001.5261
2023-12-31GQG Partners Global Quality Equity Instl0.36462.4057124690717217716.0205
2023-12-31GQG Partners Global Equity CIT C0.32532.42321112570-48296-4.1603
2024-02-29GQG Partners US Equity Q EUR Acc0.32214.87491101405151781.3973
2023-12-31GQG Partners US Select Quality Eq CIT C0.3183.925108767000
2023-12-31Spyglass Growth Institutional0.24684.2987844073-139002-14.1395
2024-02-29GS Global Ftr Tech Ldr Eq I USD Acc0.23011.8681786918-14478-1.8066
2024-01-31Fidelity Extended Market Index0.21170.083272405690111.2602
2024-02-29Russell 1000 Index Fund0.18350.026362751100
2024-01-31Fidelity Mid Cap Index0.18220.082262321179451.2913
2024-02-29iShares Russell Mid-Cap ETF0.17770.1138607835-1078-0.177
Total 9.103632.082731133997+146420+0.5%

3.3. Insider Transactions

Insiders are holding 31.448% of the shares of Applovin Corp.

DateOwnerTypeAmountPricePost Transaction AmountLink
2024-03-14Matthew StumpfSELL277563.3
2024-02-22Victoria ValenzuelaSELL289057.76
2024-02-20Craig Scott BillingsSELL555058.33
2023-12-13Vasily ShikinSELL38353937.1
2023-12-11Eduardo VivasSELL24476436.98
2023-12-11Victoria ValenzuelaSELL2609736.98
2023-11-28Vasily ShikinSELL30000038.71
2023-11-27Arash Adam ForoughiSELL32500039.56
2023-11-24Katie Kihorany JansenSELL5219339.36
2023-11-20Dawson Alyssa HarveySELL92739.16
2023-11-14Craig Scott BillingsSELL514243.09
2023-09-12Eduardo VivasSELL47435741.76
2023-08-31Craig Scott BillingsSELL20242.87
2023-08-23Katie Kihorany JansenSELL5219339.88
2023-08-22Victoria ValenzuelaSELL2757639.72
2023-08-21Dawson Alyssa HarveySELL92238.51
2023-08-21Denali Holdings L.p. KkrSELL1500000036.85
2023-08-21Vasily ShikinSELL3000038.8
2023-08-14Denali Holdings L.p. KkrSELL1000000037
2023-07-27Victoria ValenzuelaSELL2500030.94

4. Summary

4.1. Key Performance Indicators

The key performance indicators of Applovin Corp compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--0.545-0.564+203%0.091+499%0.191+186%0.172+217%
Book Value Per Share--3.6153.979-9%5.339-32%2.593+39%2.460+47%
Current Ratio--1.7122.375-28%3.113-45%2.402-29%2.405-29%
Debt To Asset Ratio--0.7660.737+4%0.676+13%0.874-12%0.890-14%
Debt To Equity Ratio--3.2662.891+13%2.083+57%1.215+169%1.158+182%
Dividend Per Share---0.014-100%0.004-100%0.036-100%0.035-100%
Eps--0.4960.252+97%-0.138+128%0.017+2841%0.020+2327%
Free Cash Flow Per Share--1.0080.734+37%0.287+252%0.316+219%0.308+228%
Free Cash Flow To Equity Per Share--0.517-0.350+168%-0.070+114%0.558-7%0.551-6%
Gross Profit Margin---0.29510.821-103%2.841-110%-77.718+26286%-74.162+25079%
Intrinsic Value_10Y_max--55.419--------
Intrinsic Value_10Y_min--46.607--------
Intrinsic Value_1Y_max--2.244--------
Intrinsic Value_1Y_min--2.202--------
Intrinsic Value_3Y_max--9.265--------
Intrinsic Value_3Y_min--8.794--------
Intrinsic Value_5Y_max--19.326--------
Intrinsic Value_5Y_min--17.721--------
Market Cap19093228372.480+27%13847577918.25010853189070.468+28%11037713527.090+25%8928902762.656+55%8503716916.815+63%
Net Profit Margin--0.1810.102+77%-0.073+140%0.005+3300%0.011+1579%
Operating Margin--0.2830.160+77%-0.069+124%0.064+343%0.070+303%
Operating Ratio--0.7170.810-11%1.025-30%0.808-11%0.781-8%
Pb Ratio19.146+42%11.0228.336+32%5.661+95%5.000+120%4.762+131%
Pe Ratio34.914+42%20.100-60.713+402%-31.304+256%1985.575-99%1891.023-99%
Price Per Share69.220+42%39.85030.323+31%29.883+33%24.131+65%22.982+73%
Price To Free Cash Flow Ratio17.168+42%9.88410.916-9%-26.428+367%8.974+10%8.547+16%
Price To Total Gains Ratio126.970+42%73.097-3.325+105%-210.755+388%-87.378+220%-87.378+220%
Quick Ratio--1.5422.173-29%2.818-45%1.781-13%1.728-11%
Return On Assets--0.0320.017+90%-0.008+125%0.004+784%0.008+293%
Return On Equity--0.1370.072+91%-0.024+118%0.011+1200%0.010+1265%
Total Gains Per Share--0.545-0.550+201%0.095+475%0.227+140%0.207+164%
Usd Book Value--1256329000.0001442024750.000-13%1926079500.000-35%950931787.500+32%902594952.381+39%
Usd Book Value Change Per Share--0.545-0.564+203%0.091+499%0.191+186%0.172+217%
Usd Book Value Per Share--3.6153.979-9%5.339-32%2.593+39%2.460+47%
Usd Dividend Per Share---0.014-100%0.004-100%0.036-100%0.035-100%
Usd Eps--0.4960.252+97%-0.138+128%0.017+2841%0.020+2327%
Usd Free Cash Flow--350267000.000264316000.000+33%101540500.000+245%112035025.000+213%109022690.476+221%
Usd Free Cash Flow Per Share--1.0080.734+37%0.287+252%0.316+219%0.308+228%
Usd Free Cash Flow To Equity Per Share--0.517-0.350+168%-0.070+114%0.558-7%0.551-6%
Usd Market Cap19093228372.480+27%13847577918.25010853189070.468+28%11037713527.090+25%8928902762.656+55%8503716916.815+63%
Usd Price Per Share69.220+42%39.85030.323+31%29.883+33%24.131+65%22.982+73%
Usd Profit--172233000.00089177750.000+93%-48240000.000+128%6599662.500+2510%7702535.714+2136%
Usd Revenue--953261000.000820771750.000+16%704264500.000+35%572634225.000+66%557200500.000+71%
Usd Total Gains Per Share--0.545-0.550+201%0.095+475%0.227+140%0.207+164%
 EOD+4 -4MRQTTM+23 -13YOY+22 -145Y+26 -1010Y+26 -10

4.2. Fundamental Score

Let's check the fundamental score of Applovin Corp based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1534.914
Price to Book Ratio (EOD)Between0-119.146
Net Profit Margin (MRQ)Greater than00.181
Operating Margin (MRQ)Greater than00.283
Quick Ratio (MRQ)Greater than11.542
Current Ratio (MRQ)Greater than11.712
Debt to Asset Ratio (MRQ)Less than10.766
Debt to Equity Ratio (MRQ)Less than13.266
Return on Equity (MRQ)Greater than0.150.137
Return on Assets (MRQ)Greater than0.050.032
Total5/10 (50.0%)

4.3. Technical Score

Let's check the technical score of Applovin Corp based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5063.691
Ma 20Greater thanMa 5065.805
Ma 50Greater thanMa 10055.852
Ma 100Greater thanMa 20047.735
OpenGreater thanClose68.850
Total4/5 (80.0%)



Reversals in quarterly reports

I have detected a reversal (positive to negative, negative to positive) in the following values of the quarterly reports.

 2022-12-312023-03-312023-06-302023-09-302023-12-31
Long-term Assets Other  268,42612,257280,6837,682288,36560,759349,124-1,312,461-963,337



Latest Balance Sheet

Balance Sheet of 2023-12-31. Currency in USD. All numbers in thousands.

Summary
Total Assets5,359,187
Total Liabilities4,102,858
Total Stockholder Equity1,256,329
 As reported
Total Liabilities 4,102,858
Total Stockholder Equity+ 1,256,329
Total Assets = 5,359,187

Assets

Total Assets5,359,187
Total Current Assets1,616,163
Long-term Assets3,743,024
Total Current Assets
Cash And Cash Equivalents 502,152
Net Receivables 953,810
Other Current Assets 160,201
Total Current Assets  (as reported)1,616,163
Total Current Assets  (calculated)1,616,163
+/-0
Long-term Assets
Property Plant Equipment 221,541
Goodwill 1,842,850
Intangible Assets 1,292,635
Long-term Assets  (as reported)3,743,024
Long-term Assets  (calculated)3,357,026
+/- 385,998

Liabilities & Shareholders' Equity

Total Current Liabilities944,122
Long-term Liabilities3,158,736
Total Stockholder Equity1,256,329
Total Current Liabilities
Short-term Debt 248,288
Short Long Term Debt 215,000
Accounts payable 371,702
Other Current Liabilities 245,573
Total Current Liabilities  (as reported)944,122
Total Current Liabilities  (calculated)1,080,563
+/- 136,441
Long-term Liabilities
Long term Debt 2,905,906
Capital Lease Obligations 56,510
Long-term Liabilities Other 209,925
Long-term Liabilities  (as reported)3,158,736
Long-term Liabilities  (calculated)3,172,341
+/- 13,605
Total Stockholder Equity
Common Stock11
Retained Earnings -812,989
Accumulated Other Comprehensive Income -65,274
Other Stockholders Equity 2,134,581
Total Stockholder Equity (as reported)1,256,329
Total Stockholder Equity (calculated)1,256,329
+/-0
Other
Capital Stock11
Cash and Short Term Investments 502,152
Common Stock Shares Outstanding 347,493
Current Deferred Revenue78,559
Liabilities and Stockholders Equity 5,359,187
Net Debt 2,839,121
Net Invested Capital 4,377,235
Net Working Capital 672,041
Property Plant and Equipment Gross 293,547
Short Long Term Debt Total 3,341,273



Balance Sheet

Currency in USD. All numbers in thousands.

 Trend2023-12-312023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-31
> Total Assets 
300,621
300,621
300,621
300,621
538,648
538,648
538,648
538,648
2,154,593
2,621,399
4,599,571
4,567,760
6,163,579
6,167,193
5,930,828
5,805,398
5,847,846
5,915,840
5,482,120
5,005,228
5,359,187
5,359,1875,005,2285,482,1205,915,8405,847,8465,805,3985,930,8286,167,1936,163,5794,567,7604,599,5712,621,3992,154,593538,648538,648538,648538,648300,621300,621300,621300,621
   > Total Current Assets 
146,555
146,555
146,555
146,555
165,749
165,749
165,749
165,749
662,994
1,184,821
1,716,845
1,626,365
3,235,064
2,298,101
1,817,297
1,824,249
1,939,083
2,048,357
1,696,268
1,300,792
1,616,163
1,616,1631,300,7921,696,2682,048,3571,939,0831,824,2491,817,2972,298,1013,235,0641,626,3651,716,8451,184,821662,994165,749165,749165,749165,749146,555146,555146,555146,555
       Cash And Cash Equivalents 
99,062
99,062
99,062
99,062
79,309
79,309
79,309
79,309
317,235
761,075
1,183,743
1,049,617
1,520,504
1,413,256
951,560
943,508
1,080,484
1,245,893
876,227
332,491
502,152
502,152332,491876,2271,245,8931,080,484943,508951,5601,413,2561,520,5041,049,6171,183,743761,075317,23579,30979,30979,30979,30999,06299,06299,06299,062
       Short-term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
7,319
12,033
5,725
1,606
0
01,6065,72512,0337,3190000000000000000
       Net Receivables 
40,337
40,337
40,337
40,337
74,241
74,241
74,241
74,241
296,964
340,881
383,133
412,884
514,520
684,461
690,911
665,462
702,814
637,605
669,785
849,140
953,810
953,810849,140669,785637,605702,814665,462690,911684,461514,520412,884383,133340,881296,96474,24174,24174,24174,24140,33740,33740,33740,337
       Other Current Assets 
0
0
0
0
0
0
0
0
48,795
82,865
149,969
163,864
150,040
200,384
174,826
215,279
155,785
164,859
150,256
119,161
160,201
160,201119,161150,256164,859155,785215,279174,826200,384150,040163,864149,96982,86548,79500000000
   > Long-term Assets 
0
0
0
0
0
0
0
0
1,491,599
1,436,578
2,882,726
2,941,395
2,928,515
3,869,092
4,113,531
3,981,149
3,908,763
3,867,483
3,785,852
3,704,436
3,743,024
3,743,0243,704,4363,785,8523,867,4833,908,7633,981,1494,113,5313,869,0922,928,5152,941,3952,882,7261,436,5781,491,59900000000
       Property Plant Equipment 
4,951
4,951
4,951
4,951
27,433
27,433
27,433
27,433
112,923
100,707
143,078
140,345
134,583
129,901
123,558
130,816
138,922
178,554
172,781
155,154
221,541
221,541155,154172,781178,554138,922130,816123,558129,901134,583140,345143,078100,707112,92327,43327,43327,43327,4334,9514,9514,9514,951
       Goodwill 
34,280
34,280
34,280
34,280
62,443
62,443
62,443
62,443
249,773
249,385
1,016,074
997,661
966,427
1,584,928
1,803,167
1,763,170
1,823,755
1,833,699
1,830,710
1,813,567
1,842,850
1,842,8501,813,5671,830,7101,833,6991,823,7551,763,1701,803,1671,584,928966,427997,6611,016,074249,385249,77362,44362,44362,44362,44334,28034,28034,28034,280
       Intangible Assets 
110,975
110,975
110,975
110,975
272,381
272,381
272,381
272,381
1,086,332
1,036,800
1,675,669
1,758,796
1,709,347
2,018,098
2,028,974
1,889,163
1,677,660
1,574,547
1,493,996
1,386,591
1,292,635
1,292,6351,386,5911,493,9961,574,5471,677,6601,889,1632,028,9742,018,0981,709,3471,758,7961,675,6691,036,8001,086,332272,381272,381272,381272,381110,975110,975110,975110,975
       Other Assets 
0
0
0
0
0
0
0
0
0
49,686
47,905
44,593
118,158
117,265
157,832
198,000
268,426
0
203,265
0
0
00203,2650268,426198,000157,832117,265118,15844,59347,90549,686000000000
> Total Liabilities 
364,763
364,763
364,763
364,763
578,285
578,285
578,285
578,285
2,312,829
2,751,121
2,601,934
2,518,541
4,025,288
4,154,738
4,023,544
3,923,496
3,945,169
4,017,260
3,964,720
3,909,438
4,102,858
4,102,8583,909,4383,964,7204,017,2603,945,1693,923,4964,023,5444,154,7384,025,2882,518,5412,601,9342,751,1212,312,829578,285578,285578,285578,285364,763364,763364,763364,763
   > Total Current Liabilities 
59,719
59,719
59,719
59,719
149,513
149,513
149,513
149,513
598,052
486,596
603,179
569,768
640,097
785,117
644,589
543,633
578,958
619,570
591,940
805,474
944,122
944,122805,474591,940619,570578,958543,633644,589785,117640,097569,768603,179486,596598,052149,513149,513149,513149,51359,71959,71959,71959,719
       Short-term Debt 
3,053
3,053
3,053
3,053
3,803
3,803
3,803
3,803
37,416
40,036
42,846
39,588
44,202
45,496
46,512
46,897
69,948
47,429
47,414
228,800
248,288
248,288228,80047,41447,42969,94846,89746,51245,49644,20239,58842,84640,03637,4163,8033,8033,8033,8033,0533,0533,0533,053
       Short Long Term Debt 
0
0
0
0
0
0
0
0
15,210
18,310
18,310
18,310
25,810
29,560
33,310
33,310
33,310
33,310
33,310
215,000
215,000
215,000215,00033,31033,31033,31033,31033,31029,56025,81018,31018,31018,31015,21000000000
       Accounts payable 
0
0
0
0
0
0
0
0
147,275
158,023
192,658
208,539
258,220
369,659
283,397
261,515
273,196
282,948
260,847
281,103
371,702
371,702281,103260,847282,948273,196261,515283,397369,659258,220208,539192,658158,023147,27500000000
       Other Current Liabilities 
0
0
0
0
0
0
0
0
326,475
202,645
277,621
236,757
258,745
293,847
245,755
169,788
171,796
222,295
209,372
217,672
245,573
245,573217,672209,372222,295171,796169,788245,755293,847258,745236,757277,621202,645326,47500000000
   > Long-term Liabilities 
0
0
0
0
0
0
0
0
1,714,777
2,264,525
1,998,755
1,948,773
3,385,191
3,369,621
3,378,955
3,379,863
3,366,211
3,397,690
3,372,780
3,103,964
3,158,736
3,158,7363,103,9643,372,7803,397,6903,366,2113,379,8633,378,9553,369,6213,385,1911,948,7731,998,7552,264,5251,714,77700000000
       Long term Debt Total 
0
0
0
0
0
0
0
0
0
2,137,612
1,733,676
1,731,020
3,201,834
3,195,919
3,190,047
3,184,221
0
3,172,563
3,166,759
0
0
003,166,7593,172,56303,184,2213,190,0473,195,9193,201,8341,731,0201,733,6762,137,612000000000
       Warrants
0
0
0
0
0
0
0
0
0
255
196
160
201
160
109
0
0
0
0
0
0
000000109160201160196255000000000
       Other Liabilities 
0
0
0
0
0
0
0
0
0
60,309
199,708
152,048
120,859
113,831
132,565
141,491
79,810
0
154,729
0
0
00154,729079,810141,491132,565113,831120,859152,048199,70860,309000000000
> Total Stockholder Equity
0
0
0
0
0
0
0
0
-158,545
-129,977
1,997,441
2,049,059
2,138,090
2,012,295
1,907,175
1,881,902
1,902,677
1,898,580
1,517,400
1,095,790
1,256,329
1,256,3291,095,7901,517,4001,898,5801,902,6771,881,9021,907,1752,012,2952,138,0902,049,0591,997,441-129,977-158,54500000000
   Common Stock
0
0
0
0
0
0
0
0
7
7
11
11
11
11
11
11
11
11
11
11
11
11111111111111111111117700000000
   Retained Earnings Total Equity00-1,093,861-1,174,2180-1,090,188-1,113,959-1,092,211-976,954-1,008,320-1,008,498-1,022,921000000000
   Accumulated Other Comprehensive Income 
-6,338
-6,338
-6,338
-6,338
-7,395
-7,395
-7,395
-7,395
604
-117
-9,305
-27,560
-45,454
-58,986
-128,351
-140,145
-83,382
-73,376
-76,530
-93,657
-65,274
-65,274-93,657-76,530-73,376-83,382-140,145-128,351-58,986-45,454-27,560-9,305-117604-7,395-7,395-7,395-7,395-6,338-6,338-6,338-6,338
   Capital Surplus 
0
0
0
0
0
0
0
0
0
493,465
3,015,233
3,084,928
3,160,487
3,163,481
3,149,474
3,112,224
0
3,146,163
2,687,780
0
0
002,687,7803,146,16303,112,2243,149,4743,163,4813,160,4873,084,9283,015,233493,465000000000
   Treasury Stock000000000000000000000
   Other Stockholders Equity 
0
0
0
0
0
0
0
0
453,655
493,465
3,015,233
3,084,928
3,160,487
3,163,481
3,149,474
3,112,224
3,155,748
3,146,163
2,687,780
2,174,658
2,134,581
2,134,5812,174,6582,687,7803,146,1633,155,7483,112,2243,149,4743,163,4813,160,4873,084,9283,015,233493,465453,65500000000



Balance Sheet

Currency in USD. All numbers in thousands.




Cash Flow

Currency in USD. All numbers in thousands.




Income Statement

Currency in USD. All numbers in thousands.


Latest Income Statement (annual, 2023-12-31)

Gross Profit (+$)
totalRevenue3,283,087
Cost of Revenue-1,126,381
Gross Profit2,156,7062,156,706
 
Operating Income (+$)
Gross Profit2,156,706
Operating Expense-1,505,136
Operating Income651,570651,570
 
Operating Expense (+$)
Research Development592,386
Selling General Administrative152,585
Selling And Marketing Expenses830,718
Operating Expense1,505,1361,575,689
 
Net Interest Income (+$)
Interest Income0
Interest Expense-271,328
Other Finance Cost-36,086
Net Interest Income-235,242
 
Pretax Income (+$)
Operating Income651,570
Net Interest Income-235,242
Other Non-Operating Income Expenses0
Income Before Tax (EBT)380,570922,570
EBIT - interestExpense = 380,242
380,570
628,039
Interest Expense271,328
Earnings Before Interest and Taxes (EBIT)651,570651,898
Earnings Before Interest and Taxes (EBITDA)1,140,578
 
After tax Income (+$)
Income Before Tax380,570
Tax Provision-30,536
Net Income From Continuing Ops104,966350,034
Net Income356,711
Net Income Applicable To Common Shares0
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses2,631,517
Total Other Income/Expenses Net-271,000235,242
 

Technical Analysis of Applovin
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Applovin. The general trend of Applovin is BULLISH with 100.0% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Applovin's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (100.0%) Bearish trend (-100.0%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Applovin Corp.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is 0/(-1 +1).

  • Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: .

The bearish price targets are: 65.67 > 59.30 > 40.71.

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Applovin Corp Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Applovin Corp. The current mas is .

The long score for the Moving Averages is 14/14.
The longshort score for the Moving Averages is 14/(-14 +14).

  • MA 20 trending up: The MA 20 is trending up. +1
  • Close > MA 20: The price is above the MA 20. +1
  • MA 20 > MA 50: The MA 20 is higher than the MA 50. +1
  • MA 20 > MA 100: The MA 20 is higher than the MA 100. +1
  • MA 20 > MA 200: The MA 20 is higher than the MA 200. +1
  • MA 50 trending up: The MA 50 is trending up. +1
  • Close > MA 50: The price is above the MA 50. +1
  • MA 50 > MA 100: The MA 50 is higher than the MA 100. +1
  • MA 50 > MA 200: The MA 50 is higher than the MA 200. +1
  • MA 100 trending up: The MA 100 is trending up. +1
  • Close > MA 100: The price is above the MA 100. +1
  • MA 100 > MA 200: The MA 100 is higher than the MA 200. +1
  • MA 200 trending up: The MA 200 is trending up. +1
  • Close > MA 200: The price is above the MA 200. +1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Applovin Corp Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Applovin Corp. The current macd is 4.24932252.

The long score for the Moving Average Convergence/Divergence (MACD) is 1/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is -2/(-4 +4).

  • MACD line < signal line: The MACD line is below the signal line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Applovin price going down in the near term. -2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Applovin. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the Applovin price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending down: The MACD line is trending down. This indicates that the short-term moving average is falling faster than the long-term moving average, suggesting negative momentum in the market. This signals that sellers are becoming more active and insecure, leading to potential price decreases as traders anticipate further losses and are willing to sell at lower prices. -1
Applovin Corp Daily Moving Average Convergence/Divergence (MACD) ChartApplovin Corp Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Applovin Corp. The current adx is 44.22.

The long score for the Directional Movement Index (DMI) is 3/7.
The longshort score for the Directional Movement Index (DMI) is 3/(-7 +7).

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy Applovin shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX > 25 && ADX trending down: The ADX is above 25 and indicates a strong bullish trend. The ADX is declining, the bullish trend is weakening. Could be a potential reversal to the downside. +2
Applovin Corp Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Applovin Corp. The current sar is 64.26.

The long score for the Parabolic SAR is 1/1.
The longshort score for the Parabolic SAR is 1/(-1 +1).

  • Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1
Applovin Corp Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Applovin Corp. The current rsi is 63.69. The current phase is Continuation in bull market.

The long score for the Relative Strength Index (RSI) is 4/13.
The longshort score for the Relative Strength Index (RSI) is 4/(-13 +13).

  • Continuation in bull market: Uptrend continues after a consolidation or pullback. Hold or add to existing positions.
  • Trending up: The RSI is trending up. +1
Applovin Corp Daily Relative Strength Index (RSI) ChartApplovin Corp Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Applovin Corp. The current phase is Continuation in bull market.

The long score for the Stochastic Oscillator is 2/6.
The longshort score for the Stochastic Oscillator is 0/(-6 +6).

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Applovin price going down in the near term. -2
  • Trending up: The STOCH %K is trending up. +1
Applovin Corp Daily Stochastic Oscillator ChartApplovin Corp Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Applovin Corp. The current cci is 63.72.

Applovin Corp Daily Commodity Channel Index (CCI) ChartApplovin Corp Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Applovin Corp. The current cmo is 20.81.

The long score for the Chande Momentum Oscillator (CMO) is 1/1.
The longshort score for the Chande Momentum Oscillator (CMO) is 1/(-1 +1).

  • CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1
Applovin Corp Daily Chande Momentum Oscillator (CMO) ChartApplovin Corp Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Applovin Corp. The current willr is -34.95081967.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is 0/(-1 +1).

  • WILLR between -80 and -20: The Williams %R is between -80 and -20. This indicates that Applovin is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Applovin Corp Daily Williams %R ChartApplovin Corp Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of Applovin Corp.

Applovin Corp Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Applovin Corp. The current atr is 2.99434963.

Applovin Corp Daily Average True Range (ATR) ChartApplovin Corp Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Applovin Corp. The current obv is 127,361,747.

Applovin Corp Daily On-Balance Volume (OBV) ChartApplovin Corp Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Applovin Corp. The current mfi is 50.23.

The long score for the Money Flow Index (MFI) is 1/2.
The longshort score for the Money Flow Index (MFI) is 1/(-2 +2).

  • MFI > 50: +1
Applovin Corp Daily Money Flow Index (MFI) ChartApplovin Corp Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Applovin Corp.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2023-11-07CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-11-08STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-10STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-13STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-14STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-11-15STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-11-16SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-20STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-21MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-24STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-28STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-29STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-30DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-01STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-04STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-07STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-11DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-12DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-12-13DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-14MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2023-12-15WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-18CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-12-19STOCH LONG EXITThe %K line crosses below the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-22ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-28STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-29SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-02MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-01-04WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-08STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-10DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-11MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-01-12SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-16STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-17STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-18ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-19STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-22STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-23BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-01-24STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-25WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-26STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-29BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-30STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-31MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-02-02MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-05CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-02-06SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-07BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-02-08STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-12STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-02-13STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-14STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-15CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-20STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-21RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2024-02-22STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-28RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-29STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-01MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-03-04STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-06STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-07MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-03-08STOCH LONG EXITThe %K line crosses below the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-03-11MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-12MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-03-13STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-14CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-03-15STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-03-18SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-19MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-03-21STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-25STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-26RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-28MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.

6.3. Candlestick Patterns

Applovin Corp Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Applovin Corp based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5063.691
Ma 20Greater thanMa 5065.805
Ma 50Greater thanMa 10055.852
Ma 100Greater thanMa 20047.735
OpenGreater thanClose68.850
Total4/5 (80.0%)
Penke

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