WhaleQuant.io
AppLovin Corporation (APP) Corporate Logo

AppLovin Corporation (APP) Stock Price & Analysis

Market: NASDAQ • Sector: Technology • Industry: Software - Application

AppLovin Corporation (APP) Profile & Business Summary

AppLovin Corporation engages in building a software-based platform for mobile app developers to enhance the marketing and monetization of their apps in the United States and internationally. The company's software solutions include AppDiscovery, a marketing software solution, which matches advertiser demand with publisher supply through auctions; Adjust, an analytics platform that helps marketers grow their mobile apps with solutions for measuring, optimizing campaigns, and protecting user data; and MAX, an in-app bidding software that optimizes the value of an app's advertising inventory by running a real-time competitive auction. Its business clients include various advertisers, publishers, internet platforms, and others. The company was incorporated in 2011 and is headquartered in Palo Alto, California.

Key Information

Ticker APP
Exchange NASDAQ
Official Site https://www.applovin.com
CIK Number 0001751008
View SEC Filings

Market Trend Overview for APP

One model, two time views: what the market looks like right now, and where the larger trend is heading over time.

Longer-Term Market Trend (Mid to Long Term)

Shows the bigger market trend, how strong it is, and where risks may start to build over the next few weeks or months. — Updated as of 2026-10-01 (ET)

As of 2026-10-01, APP is showing signs of slowing down. Over the longer term, the trend remains bullish.

APP last closed at 281.31. The price is about 0.9 ATR below its recent average price (311.87), and the market is currently in a trend that may be losing strength. Price at 281.31 is near minor support around 257.70. Momentum may slow, while minor resistance sits near 319.42. View Support & Resistance from Options

Short-term weakness is unfolding within a broader uptrend, suggesting a pullback rather than a full trend reversal.

Trend Alignment Summary

Trend score: 55 out of 100. Overall alignment is unclear. The market is currently in a late-stage trend that may be losing strength. The longer-term trend is still positive, but short-term signals are not yet confirming it.

Key Risk Level

There is no clear key risk boundary right now.

Recent Trend Signal

On 2026-07-13, trend conditions deteriorated, suggesting that moves in the prior direction became less dependable.

Unusual Price Movement

[2026-09-09] Price moved quickly and looked strong, but participation was limited.

Recent Price Behavior

Recent price action continues to trend lower in a relatively orderly manner, with no clear signs of structural stabilization yet emerging.

Overnight Positioning

There was no clear sign of meaningful positions being carried into the overnight session.

Next-day directional probability forecast Last updated: 2026-10-01 (ET)
Next-session outlook for 2026-10-02 (ET)
Mild bearish lean, but not actionable

What the model sees

The model does not deploy the setup because the current position looks stretched and more vulnerable to pullback or digestion.


Why the model says this

The model does not deploy this setup because pullback risk is 60%, entry geometry is unfavorable at the current location, recent price behavior has shown failed reversal memory, and the setup already looks stretched. Predictability is 46%, agreement is 93%, and reversal risk is 33%.

NOTE: This next-day up/down probability forecast module is still being tested for accuracy. Please do not rely on it for investment decisions. The model does not account for black swan events or company-specific fundamental news, and its estimates are based solely on technical conditions, capital flow, and market sentiment. View forecast history

Recent Cost Distribution Last updated: 2026-10-01 (ET)

This estimate uses 1-minute price, volume, and VWAP data from the last 50 trading days, with turnover-based decay. The sample period is 2026-07-23 to 2026-10-01. The current price is 281.31, 14.52% below the estimated average cost of 329.09. An estimated 1.8% of recent positioning is below the current price, while 97.9% is above it. The peak-density price is 312.00. The largest concentrated cost region is 303.25 to 331.75 and contains 63.3% of the estimated distribution. The nearest region above the current price is 282.25 to 282.75.

Short Interest & Covering Risk for APP

This analysis looks at overall short interest positioning, focusing on the broader setup rather than short-term noise.

Squeeze Score 0.45

Shows how likely a short squeeze may be under current market conditions.

Key Market Risk Indicators
Short Crowding (Short Interest / Float) 4.10%
Short Positions Trend Increasing
Liquidity Trend (Average Daily Volume) -26.00%
20-Day Return -11.83%
Price vs 20-Day High Below Recent Highs

Short Exposure Percentile

Short interest is relatively low, indicating limited pressure from short positions. (Historical percentile: 21%)

Structure Analysis

APP Short positioning looks normal. Current days to cover is 2.5 trading days, meaning short positions could unwind at a normal pace. Short covering is likely to have a normal impact on price moves. Price is already trending lower (20D return -11.8%). The current configuration reflects active downside pressure rather than latent structural fragility.

Risk Summary

Some early warning signs are emerging. Price strength remains intact, but underlying support may be starting to weaken.This indicator is intended as a risk filter, not a directional signal. A High or Extreme reading does not predict an immediate move, but suggests that if prices weaken, downside reactions may be more pronounced.

Why Price Reactions May Be Stronger?

In the latest reporting period, short interest continues to increase. Average trading volume is weakening, indicating contracting liquidity. Price action is compressing (range is tightening), which can make breaks more sensitive. Adaptive thresholds applied to liquidity weakness, near-high detection, and compression sensitivity. Rising short pressure is occurring while liquidity is deteriorating. As a result, similar news or market events could lead to price moves about 1× larger than usual.


Note: Short interest data is reported every two weeks by FINRA. The most recent snapshot is 2026-09-15 (ET).
Because this data updates slowly, it is not intended to predict short-term price moves. Instead, it helps describe longer-term market structure and where pressure may be building if prices begin to move.

Analytical Modules