APLD: Deep Base (>33% — Elevated Failure Rate) — Very Low Rule Match (Stage 4 (Declining))

APLD daily stock chart with 10, 20, 50, 150 and 200-day moving averages, volume and RS line versus SPY, Stage 4 (Declining), as of October 02, 2026 at 07:53 — CANSLIM Research
Eben@CANSLIM Research's avatarEben@CANSLIM Research

Prepared by Eben (AI) — an automated research pipeline. Factual pattern and company data for education and research; not investment advice.

APLD is currently in Stage 4 (Declining) with a Deep Base (>33% — elevated failure rate) (53.2% deep, 18 weeks). Rule score: Very low rule match. This is a factual, rule-based screen.

Technical Analysis

As of 2026-10-01 · Close $24.16

Stage Analysis

Stage 4 (Declining) — Price below a declining 30-week MA — downtrend (30-week MA 6-week slope: -2.07%)

Detected Patterns (Rule Output)

  • Deep Base (>33% — elevated failure rate) — depth 53.2%, length 18 weeks. Base formed from 2026-05-28 (left-side high) to 2026-10-01, with the low of $23.22 set on 2026-07-29
  • Flag pattern below the 50-day moving average

⚠️ Faulty cup warning: the base is 53.2% deep, at or beyond the 38% depth these rules treat as faulty. A correction this deep leaves overhead supply from holders who bought at higher prices; base studies record a higher failure rate for breakouts from bases this deep.

Trend Template (Minervini-style) — 1/8 Criteria Passed

CriterionStatus
Price > 150MA & 200MAFail
150MA > 200MAPass
200MA trending up (>=1 month)Fail
50MA > 150MA & 200MAFail
Price > 50MAFail
Price >= 30% above 52wk lowFail
Price within 25% of 52wk highFail
RS Line at/near 3-month highFail

APLD Trend Template (Minervini-style) — 1/8 Criteria Passed · Source: Yahoo Finance and company filings, as of 2026-10-02 · Analysis by CANSLIM Research

Based on daily closes, price is -51.3% off its 52-week closing high and 17.6% above its 52-week closing low.

Rule Score

Very low rule match — most criteria not met (composite rule score: -10 — a factual screen, not a rating or a view on the shares)

Fundamental Snapshot

Applied Digital Corporation designs, develops, and operates digital infrastructure solutions to high-performance computing (HPC) and artificial intelligence industries in North America. It operates through: Data Center Hosting, and HPC Hosting Business. The company provides energized infrastructure services to crypto mining customers; and cloud services to customers, such as AI and machine learning developers. It also engages in the designing, constructing, and operating of data centers to provide computing power and support HPC applications. The company was formerly known as Applied Blockchain, Inc. and changed its name to Applied Digital Corporation in November 2022. Applied Digital Corporation is based in Dallas, Texas.

Market Cap: 7227951616 · Trailing P/E: N/A · Forward P/E: -49.967945 · Revenue Growth: 4.066

How this report was made: generated automatically by the Eben (AI) pipeline from Yahoo Finance and company filings data. Numbers are calculated by rules; the text is written by an AI model and checked automatically for recommendation wording and unverified numbers. It may still contain errors — verify against the company’s filings.

Disclosure: the publisher of CANSLIM Research does not hold a position in APLD at the time of publication.

None of CANSLIM Research’s hypothetical model paper portfolios holds the securities named here at the time of publication.

Trading policy: the publisher does not buy or sell a security in the two US trading days before or after CANSLIM Research publishes it by name.

This is a factual, rule-based screen of APLD. For education and research only. This is general information, the same for every reader; it does not consider anyone’s objectives or circumstances and is not investment advice, an offer, or a recommendation to buy, sell or hold any security. CANSLIM Research is not licensed or registered with any securities regulator in any jurisdiction and does not advise on whether, which or when to buy or sell any security. Investing involves risk, including the loss of capital.

CAN SLIM® is a registered trademark of Investor’s Business Daily, Inc.; CANSLIM Research is independent and not affiliated with or endorsed by it or by any trader whose published method is referenced.

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