Following the technicals of APLD

Applied Digital Corporation

July 21, 2025

About APLD

Applied Digital Corp. is a technology company, which engages in the provision of development and operation of data centers which provide computing power. It operates through the following segments: Cloud Services Business, HPC Hosting Business, and Data Center Hosting Business. The company was founded by Wesley Carl Cummins and Jason Zhang in May 2001 and is headquartered in Dallas, TX.

Feature Story

APLD is an interesting stock to watch. If you take a look at the day chart below, it appears APLD has had a hard ceiling around the $11.16 range and a strong support level around $3.08 range, for the last two years. However, as you can see, in the past month, APLD has broken past that resistance level and is still trying to break out of it.

Lets zoom in to this last breakout. Below is still the daily chart as of 7/20/25. APLD has just broken through the resistance line again of $11.16 in it’s last trading day and closed above it. Being able to consolidate a full day’s worth of trading above a resistance line, especially when the price popped off the day before as well, is pretty bullish. That means there was not lot of profit taking here with an expectation of another leg up.

Now, finally, lets look at the hourly chart below. I zoomed way in on the last movement upward to show you the bullish signals APLD is following. on 7/17, APLD closed with approximately 8% gains. In the process of making these gains, you can see how it created a “flag” shape. This particular flag is not bullish or bearish but actually neutral meaning it there is no real strong indication if the price will keep moving up or go back down. Lower highs and higher lows are what causes this. Luckily APLD opened the next day, 7/18, higher. This movement was about 6% higher and this time created a “bullish flag”. We know this because of the same level highs and higher lows.

What are we looking for next? I would still like to see more consolidation in these ranges. One day normally isn’t enough if you want a real move up. Parabolic moves don’t normally end as well as a healthy move up. The next resistance will be around $12.80 and then again at around $15.40. If there is resistance and the price falls, I’d like to see support back at the $10.85 range.

A Final Note

The only final thought here is that APLD is another tech stock. Given the constant news coming out of the Trump administration, we never know what to expect. New tariffs, trade deal date changes, wars, etc. These are all things that could affect tech stock charts either for the better or the worse.

“Never financial advice, just a thought.”

-Bremcakes