APPLE INC.

- USD (-)

- 15 min delayed data - NASDAQ Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	AAPL
ISIN:

APPLE INC. - Daily - Technical analysis published on 01/08/2024 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Slightly bearish

Technical indicators

11%

83%

My opinion

Bearish under 185.51 USD

My targets

173.81 USD (-4.07%)

166.70 USD (-7.99%)

My analysis

The strong short-term decline of APPLE INC. reinforces the current slightly bearish trend. As long as the price remains below 185.51 USD, you could take advantage of this bearish acceleration. The first bearish objective is located at 173.81 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 166.70 USD as an objective. Crossing it would then enable sellers to target 159.45 USD. A return to above 185.51 USD would be a sign of a correction of short-term bearish excesses. In this case, you could stay away while waiting for signals indicating a reversal of the trend.

Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.

Force

4.5

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Olegs. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The APPLE INC. rating is 181.18 USD. The price registered a decrease of -0.40% on the session with the lowest point at 180.17 USD and the highest point at 182.76 USD. The deviation from the price is +0.56% for the low point and -0.86% for the high point.

180.17

182.76

181.18

The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.

Bullish opening

Type : Bullish

Timeframe : Openning

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The Central Records scanner for higher/lower results shows the following items:

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

New LOW record (1st january)

Type : Bearish

Timeframe : Weekly

New LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of APPLE INC. in Daily shows an overall slightly bearish trend. 53.57% of the signals given by moving averages are bearish. This slightly bearish trend could be reinforced by the strong bearish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, according to the parameters integrated into the Central Analyzer system, 15 technical indicators out of 18 analysed are currently bearish. Caution: the Central Indicators scanner currently detects an excess:

RSI indicator is oversold : under 30

Type : Neutral

Timeframe : Daily

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : Daily

Previous candle closed under Bollinger bands

Type : Neutral

Timeframe : Daily

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Pivot points : price is under support 3

Type : Neutral

Timeframe : Weekly

Price is back under the pivot point

Type : Bearish

Timeframe : Daily

An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:

Near horizontal support

Type : Bullish

Timeframe : Daily

Support of channel is broken

Type : Bearish

Timeframe : Daily

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	166.70	173.81	179.95	181.18	185.51	189.41	195.93
Change (%)	-7.99%	-4.07%	-0.68%	-	+2.39%	+4.54%	+8.14%
Change	-14.48	-7.37	-1.23	-	+4.33	+8.23	+14.75
Level	Intermediate	Minor	Major	-	Minor	Intermediate	Major

To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	177.39	178.78	179.98	181.37	182.57	183.96	185.16
Camarilla	180.47	180.71	180.94	181.18	181.42	181.66	181.89
Woodie	177.30	178.73	179.89	181.32	182.48	183.91	185.07
Fibonacci	178.78	179.77	180.38	181.37	182.36	182.97	183.96

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	187.29	189.19	190.86	192.76	194.43	196.33	198.00
Camarilla	191.55	191.88	192.20	192.53	192.86	193.19	193.51
Woodie	187.18	189.13	190.75	192.70	194.32	196.27	197.89
Fibonacci	189.19	190.55	191.40	192.76	194.12	194.97	196.33

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	174.61	181.03	186.78	193.20	198.95	205.37	211.12
Camarilla	189.18	190.30	191.41	192.53	193.65	194.76	195.88
Woodie	174.28	180.86	186.45	193.03	198.62	205.20	210.79
Fibonacci	181.03	185.68	188.55	193.20	197.85	200.72	205.37

Numerical data

The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	28.84
MACD (12,26,9):	-1.3300
Directional Movement:	-24.16
AROON (14):	-100.00
DEMA (21):	189.28
Parabolic SAR (0,02-0,02-0,2):	192.44
Elder Ray (13):	-7.39
Super Trend (3,10):	190.54
Zig ZAG (10):	181.18
VORTEX (21):	0.8100
Stochastique (14,3,5):	5.37
TEMA (21):	185.69
Williams %R (14):	-94.46
Chande Momentum Oscillator (20):	-14.71
Repulse (5,40,3):	-1.2400
ROCnROLL:	2
TRIX (15,9):	0.0700
Courbe Coppock:	9.06

MA7:	187.46
MA20:	192.64
MA50:	187.34
MA100:	182.22
MAexp7:	186.17
MAexp20:	189.87
MAexp50:	188.03
MAexp100:	184.21
Price / MA7:	-3.35%
Price / MA20:	-5.95%
Price / MA50:	-3.29%
Price / MA100:	-0.57%
Price / MAexp7:	-2.68%
Price / MAexp20:	-4.58%
Price / MAexp50:	-3.64%
Price / MAexp100:	-1.64%

Quotes : - 15 min delayed data - NASDAQ Stocks

News

Don't forget to follow the news on APPLE INC.. At the time of publication of this analysis, the latest news was as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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