APPLE INC. - 1H - Technical analysis published on 06/30/2020 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
A split or consolidation has occurred on this instrument. There is no more graph available on this analysis.
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
61%
6%
33%
My opinion
Bullish above 355.02 USD
My targets
366.53 USD (+0.91%)
372.37 USD (+2.52%)
My analysis
APPLE INC. is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 355.02 USD. The next resistance located at 366.53 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 372.37 USD. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
7.5
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
APPLE INC. rating 363.22 USD. On the day, this instrument gained +0.40% with the lowest point at 360.00 USD and the highest point at 365.88 USD. The deviation from the price is +0.89% for the low point and -0.73% for the high point.360.00
365.88
363.22
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 1H of this APPLE INC. chart shows a strongly bullish trend. The signals given by the moving averages are 89.29% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, 11 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
Price
| S3 | S2 | S1 | Price | R1 | R2 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 327.20 | 345.15 | 355.02 | 363.22 | 366.53 | 372.37 |
| Change (%) | -9.92% | -4.97% | -2.26% | - | +0.91% | +2.52% |
| Change | -36.02 | -18.07 | -8.20 | - | +3.31 | +9.15 |
| Level | Major | Minor | Major | - | Major | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 343.76 | 347.52 | 354.65 | 358.41 | 365.54 | 369.31 | 376.44 |
| Camarilla | 358.78 | 359.78 | 360.78 | 361.78 | 362.78 | 363.78 | 364.78 |
| Woodie | 345.44 | 348.36 | 356.33 | 359.25 | 367.23 | 370.15 | 378.12 |
| Fibonacci | 347.52 | 351.68 | 354.25 | 358.41 | 362.57 | 365.14 | 369.31 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 324.50 | 337.82 | 345.73 | 359.05 | 366.96 | 380.28 | 388.19 |
| Camarilla | 347.79 | 349.74 | 351.68 | 353.63 | 355.58 | 357.52 | 359.47 |
| Woodie | 321.79 | 336.47 | 343.02 | 357.70 | 364.25 | 378.93 | 385.48 |
| Fibonacci | 337.82 | 345.93 | 350.94 | 359.05 | 367.16 | 372.17 | 380.28 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 256.06 | 270.95 | 294.45 | 309.34 | 332.84 | 347.73 | 371.23 |
| Camarilla | 307.38 | 310.90 | 314.42 | 317.94 | 321.46 | 324.98 | 328.50 |
| Woodie | 260.36 | 273.10 | 298.75 | 311.49 | 337.14 | 349.88 | 375.53 |
| Fibonacci | 270.95 | 285.62 | 294.68 | 309.34 | 324.01 | 333.07 | 347.73 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 54.90 | |
| MACD (12,26,9): | 1.0700 | |
| Directional Movement: | -1.24 | |
| AROON (14): | 64.28 | |
| DEMA (21): | 362.61 | |
| Parabolic SAR (0,02-0,02-0,2): | 355.30 | |
| Elder Ray (13): | 0.71 | |
| Super Trend (3,10): | 365.51 | |
| Zig ZAG (10): | 362.60 | |
| VORTEX (21): | 1.0100 | |
| Stochastique (14,3,5): | 86.12 | |
| TEMA (21): | 362.87 | |
| Williams %R (14): | -21.64 | |
| Chande Momentum Oscillator (20): | 8.98 | |
| Repulse (5,40,3): | 0.0000 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0100 | |
| Courbe Coppock: | 2.48 |
| MA7: | 361.16 | |
| MA20: | 348.04 | |
| MA50: | 321.03 | |
| MA100: | 299.40 | |
| MAexp7: | 362.82 | |
| MAexp20: | 361.46 | |
| MAexp50: | 359.13 | |
| MAexp100: | 353.19 | |
| Price / MA7: | +0.57% | |
| Price / MA20: | +4.36% | |
| Price / MA50: | +13.14% | |
| Price / MA100: | +21.32% | |
| Price / MAexp7: | +0.11% | |
| Price / MAexp20: | +0.49% | |
| Price / MAexp50: | +1.14% | |
| Price / MAexp100: | +2.84% |
Quotes :
2020-06-30 17:56:45
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15 min delayed data
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NASDAQ Stocks
News
The last news published on APPLE INC. at the time of the generation of this analysis was as follows:
-
Apple $32 Fined Million For Infringing Qualcomm Patents
-
Apple Infringed Three Qualcomm Patents
- Qualcomm Wins Patent Infringement Case Against Apple in San Diego
-
Apple Is Holding A Big Event This Month
-
Spotify Vs Apple
This member declared not having a position on this financial instrument or a related financial instrument.
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