Positive context积极背景
Stocks股票 / Tech / APPF
AppFolio · Tech
APPF US listed · USD美股 · 美元
AppFolio, Inc. is an American company founded in 2006 that offers software-as-a-service (SaaS) applications and services to the real estate industry.AppFolio, Inc. 是一家美国公司，成立于2006年，为房地产行业提供软件即服务（SaaS）应用与解决方案。
Tech
S&P 400标普400中盘
Broken growth成长受损
$203.97
+$7.20 · +3.66%
52w low52周低 $140high高 $290
Neutral — no clear edge中性 — 无明显优势
Confirmed cycle low — the entry window is open now, with a clear exit if it closes back below 162.21.周期低点已确认——入场窗口现已开启，若收盘重新跌破 162.21 则明确离场。
Live实时
Company intelligence公司情报
The latest call, in context把最新财报放回历史脉络
A synthesized event record across management commentary and recorded metrics. Read as context; verify exact wording in the transcript before relying.综合管理层表述与记录指标形成事件档案。仅供参考；使用前请在电话会原文中核对准确措辞。
Live company record实时公司记录
JavaScript loads the source-bounded event record here. Open Terminal if the live module does not start.JavaScript 会在此加载受来源约束的事件记录。如实时模块未启动，请打开终端。
Continue with full transcript history继续查看完整电话会历史 ↗Pressure context压力背景
History mode历史模式
Context only仅供参考 · not a signal or recommendation不构成信号或建议
Narrative claims may await line-level citation; verify in the transcript.叙述性内容可能仍待逐行引用，请在电话会原文中核对。
Price chart价格图表
daily · interactive日线 · 可交互
Open in Terminal打开终端 ↗
Loading chart…图表加载中…
The interactive chart could not load here.互动图表暂时无法在此加载。
Open the live chart in Terminal在终端中打开实时图表 ↗
Candles, volume and moving averages — pan and zoom inside the chart.蜡烛图、成交量与均线 — 图内可缩放拖动。
MMastermind Terminal — live & interactiveMastermind 终端 — 实时互动 ↗
Technicals技术面
daily bars日线数据 · 2026-08-14
Momentum (RSI 14)动量（RSI 14）
65
Elevated偏高
vs 50-day average相对50日均线
+18.4% above上方
Uptrend intact趋势完好
vs 200-day average相对200日均线
+7.3% above上方
Long trend up长期向上
Volatility波动率
90th percentile第90百分位
These readings feed the stance at the top — one source per number, refreshed nightly.以上读数构成页首的引擎立场 — 每个数字只有一个来源，每晚更新。
Earnings财务业绩
Estimates being raised — 6 analysts预期上调 — 6 位分析师
Post-earnings drift: -7.9% (20d)财报后漂移：-7.9%（20日）
Financials财务数据
fiscal years财年Revenue营业收入
$950.8M2025
20202025
5-yr growth5年复合增速 25.1%
Earnings per share每股收益
$3.882025
20202025
5-yr growth5年复合增速 -2.7%
Free cash flow自由现金流
$238.9M2025
20202025
Operating margin营业利润率
16.1%
Net margin净利率
14.8%
FCF margin自由现金流利润率
25.5%
Balance-sheet quality财务体质 4/6
Return on equity股本回报率 26%
Clean稳健
Leverage杠杆
Net debt / EBITDA净债务/EBITDA-0.61
Current ratio流动比率3.31
Capital allocation资本配置
Buybacks (TTM)回购（TTM）$145.7M
Stock-based comp股权薪酬$70.8M
Why is it moving为何波动
6 checks · nightly六项检查 · 每晚
Macro宏观
Rate risk runs through its market / growth beta, not a distinct duration leg.其利率风险通过市场／成长beta体现，并无独立的久期暴露。
Positioning持仓
Insider cluster activity内部人集中交易
Technical技术面
UPTREND → NEARING A HIGH上涨趋势 → 接近高点
Ownership & smart money持仓与聪明钱
13FInsider activity:内部人动向： -$2.6M net (0 buyers, 5 sellers)-$2.6M 净值（0 买家，5 卖家）
Signal history信号历史
engine events引擎事件
NEARING A HIGH → BUY ZONE接近高点 → 买入区
BUY. A new cycle low likely formed 16 day(s) ago (2026-07-22 @ 162.21): swing low in, price back above the 10-day average — and the weekly timeframe agrees买入。新的周期低点可能已在 16 天前形成 （2026-07-22 @ 162.21）：摆动低点已现，价格重新站上 10 日均线——且周线周期也一致确认
Aug 12, 2026
UPTREND → NEARING A HIGH上涨趋势 → 接近高点
TAKE PROFITS止盈
Aug 5, 2026
BOTTOMING → BUY ZONE筑底中 → 买入区
BUY买入
Aug 3, 2026
APPF reclaimed its 200-day averageAPPF 收复200日均线
Price closed back above the 200-day moving average — the classic bull dividing line. $191.69.收盘重回200日均线 — 经典的多头分界线。$191.69。
Aug 3, 2026
APPF took relative-strength leadershipAPPF 取得相对强弱领先
Relative strength vs SPY crossed above the 90th percentile of the last 90 days — leadership tends to persist. $191.69.相对标普500的强弱上穿近90日的第90百分位 — 领先往往延续。$191.69。
Jul 31, 2026
NEARING A HIGH → BUY ZONE接近高点 → 买入区
BUY买入
Jul 30, 2026
BUY ZONE → NEARING A HIGH买入区 → 接近高点
TAKE PROFITS止盈
Jul 29, 2026
APPF took relative-strength leadershipAPPF 取得相对强弱领先
Relative strength vs SPY crossed above the 90th percentile of the last 90 days — leadership tends to persist. $186.99.相对标普500的强弱上穿近90日的第90百分位 — 领先往往延续。$186.99。
Jul 29, 2026
APPF daily MACD crossed upAPPF 日线MACD上穿
The daily MACD histogram turned positive — fast and noisy, context rather than a standalone trigger. $186.99.日线MACD柱状图转正 — 快速且嘈杂，仅作背景。$186.99。
Jul 28, 2026
BOTTOMING → BUY ZONE筑底中 → 买入区
BUY买入
Jul 28, 2026
APPF StochRSI turned up from oversoldAPPF StochRSI自超卖区上行
StochRSI popped back above 20 — the earliest oscillator heads-up that downside momentum is easing. $178.27.StochRSI重回20上方 — 下行动量趋缓的最早预警。$178.27。
Showing the last 15 of显示最近15条，共 261 signals条信号
Company profile公司档案
AppFolio, Inc. is an American company founded in 2006 that offers software-as-a-service (SaaS) applications and services to the real estate industry.AppFolio, Inc. 是一家美国公司，成立于2006年，为房地产行业提供软件即服务（SaaS）应用与解决方案。
Style DNA — how it trades vs the market风格基因 — 相对市场的交易特征
Quality质量
Above market高于市场
Investment资本投入
Below market低于市场
Low volatility低波动
Below market低于市场
Low market beta低市场敏感度
Below market低于市场
Earnings quality盈利质量
Below market低于市场
Short interest空头兴趣
Below market低于市场
Watch items — what could change the story关注项 — 可能改变故事的因素
- Margin compression despite revenue growth
- Receivables stretch
- Capital intensity rising
The whole US universe — S&P 1500 and Russell 2000 — read nightly.覆盖标普1500与罗素2000全部成分股 — 每晚更新解读。
Signals, options positioning, smart-money moves and factor DNA — the same engine that wrote this page covers 2,700+ US stocks.信号、期权持仓、聪明钱动向与因子基因 — 撰写本页的引擎覆盖2700多只美股。
Statistics — full detail统计数据 — 完整明细
Relative strength相对强度
vs market, 1 month相对大盘（1个月）
11/100 — weaker than most弱于多数
vs market, 3 months相对大盘（3个月）
89/100 — stronger than most强于多数
vs market, 6 months相对大盘（6个月）
67/100 — middle of the pack居中
vs market, 12 months相对大盘（12个月）
10/100 — weaker than most弱于多数
Rank in sector行业内排名
#165 / 222
0–100 percentile of total return vs all covered stocks.总回报在全部覆盖股票中的百分位（0–100）。
Price history价格历史
| Period周期 | This stock本股 | S&P 500标普500 |
|---|---|---|
| 1 Week近1周 | +5.1% | +1.2% |
| 1 Month近1月 | +16.9% | +3.5% |
| 3 Months近3月 | +34.5% | +5.2% |
| 6 Months近6月 | +14.3% | +14.4% |
| Year to date年初至今 | -11.5% | +14.2% |
| 1 Year近1年 | -24.1% | +21.6% |
| 3 Years近3年 | +20.0% | +79.7% |
Trading information交易信息
Beta vs market贝塔
0.47
Volatility rank波动率分位
90th pctile
Off 52-week high距52周高点
-28.8%
Research context only — refreshed nightly. Not investment advice.仅供研究参考 — 每晚更新，不构成投资建议。
Financials — full detail财务数据 — 完整明细
Multi-year record多年财务记录
| 20202020 | 20212021 | 20222022 | 20232023 | 20242024 | 20252025 | |
|---|---|---|---|---|---|---|
| Revenue营业收入 | $310M | $359M | $472M | $620M | $794M | $951M |
| EPS每股收益 | $4.44 | $0.03 | $-1.95 | $0.07 | $5.55 | $3.88 |
| Free cash flow自由现金流 | $29M | $27M | $19M | $51M | $186M | $239M |
| Gross margin毛利率 | 61.6% | 59.9% | — | — | — | — |
| Net margin净利率 | 51.1% | 0.3% | -14.4% | 0.4% | 25.7% | 14.8% |
| FCF margin自由现金流利润率 | 9.4% | 7.6% | 4.0% | 8.3% | 23.4% | 25.1% |
Latest fiscal year最近财年
Revenue (FY)营业收入（财年）
$951M
Net income净利润
$141M
Operating cash flow经营现金流
$242M
Total assets总资产
$689M
Shareholder equity股东权益
$543M
Buybacks股票回购
$146M
Returns & growth回报与增长
Return on equity股本回报率
26.0%
Return on assets资产回报率
20.5%
Profit growth利润增速
-30.9%
Asset growth资产增速
+9.9%
Accounting quality checks会计质量检查
- Earnings quality: earnings cash-backed盈利质量：盈利有现金支撑
- Working capital: receivables +267% vs sales +207% — receivables outpacing sales, revenue-quality risk营运资本：应收 +267% 对销售 +207%——应收快于销售，营收质量风险
- Capital discipline: investment near the peer median资本纪律：投资力度接近同业中位
Research context only — refreshed nightly. Not investment advice.仅供研究参考 — 每晚更新，不构成投资建议。
Technicals — full detail技术面 — 完整明细
Indicator readings指标读数
RSI (14-day)RSI（14日）
65
RSI (2-day)RSI（2日）
73
vs 20-day average相对20日均线
+10.6%
vs 50-day average相对50日均线
+18.4%
vs 200-day average相对200日均线
+7.3%
Golden cross (50>200)金叉（50>200）
not in effect未生效
MACDMACD
above signal位于信号线上方
Timeframe alignment多周期共振
Daily日线
momentum up动能向上
3-day3日线
momentum up动能向上
Weekly周线
momentum up动能向上
When daily through monthly point the same way, moves carry further.当日线到月线方向一致时，行情往往更有延续性。
Volatility regime波动状态
Range state波幅状态
expanding — range opening up扩张中 — 波幅放大
Range width percentile波幅宽度分位
87/100
Research context only — refreshed nightly. Not investment advice.仅供研究参考 — 每晚更新，不构成投资建议。
Earnings — full detail财务业绩 — 完整明细
Estimate revisions预期修正
Analysts covering覆盖分析师
6
Estimate direction预期调整方向
mostly raising多数上调
Estimate change, 90 days预期变化（90天）
+2.4%
Net upgrades, 30 days净上调（30天）
+4
Research context only — refreshed nightly. Not investment advice.仅供研究参考 — 每晚更新，不构成投资建议。
Ownership — full detail持仓 — 完整明细
Insiders & shorts内部人与空头
Insider net buying (6 months)内部人净买入（6个月）
-$2.6M
Insider buyers vs sellers内部人买家vs卖家
0 : 5
Days to cover回补天数
5.5
Short interest change空头变化
-7.1%
Research context only — refreshed nightly. Not investment advice.仅供研究参考 — 每晚更新，不构成投资建议。
Seasonality — full detail季节性 — 完整明细
Strongest month最强月份
Jun · 100%
Weakest month最弱月份
Jan · 33%
Month by month逐月统计
| Month月份 | Closed higher收涨占比 | Median move中位涨跌 | Years年数 |
|---|---|---|---|
| Jan1月 | 33% | -4.6% | 3 |
| Feb2月 | 33% | -5.5% | 3 |
| Mar3月 | 67% | +2.6% | 3 |
| Apr4月 | 33% | -3.3% | 3 |
| May5月 | 67% | +0.9% | 3 |
| Jun6月 | 100% | +7.1% | 3 |
| Jul7月 | 75% | +12.8% | 4 |
| Aug8月 | 100% | +7.5% | 4 |
| Sep9月 | 33% | -0.4% | 3 |
| Oct10月 | 33% | -7.1% | 3 |
| Nov11月 | 67% | +1.5% | 3 |
| Dec12月 | 33% | -2.5% | 3 |
History is a tendency, not a promise — small samples wobble.历史规律只是倾向而非保证 — 样本少时波动大。
Research context only — refreshed nightly. Not investment advice.仅供研究参考 — 每晚更新，不构成投资建议。