APPLE INC. - 1H - Technical analysis published on 09/28/2020 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Bullish
Technical indicators
83%
0%
17%
My opinion
Bullish above 112.78 USD
My targets
115.54 USD (+1.77%)
119.17 USD (+4.97%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on APPLE INC. as long as the price remains well above 112.78 USD. The buyers” bullish objective is set at 115.54 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 119.17 USD. If there is any crossing, the next objective would be the resistance located at 124.81 USD.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
6.3
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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
The APPLE INC. price is 113.53 USD. On the day, this instrument gained +1.11% with the lowest point at 112.78 USD and the highest point at 115.32 USD. The deviation from the price is +0.67% for the low point and -1.55% for the high point.112.78
115.32
113.53
The Central Gaps scanner detects a bullish gap which is a sign that buyers have taken the lead in the very short term.
Opening Gap UP
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:
Technical
Technical analysis of APPLE INC. in 1H shows an overall bullish trend. 67.86% of the signals given by moving averages are bullish. This bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, according to the parameters integrated into the Central Analyzer system, 15 technical indicators out of 18 analysed 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
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Near horizontal resistance
Type : Bearish
Timeframe : 1 hour
Resistance of channel is broken
Type : Bullish
Timeframe : 1 hour
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 92.61 | 106.84 | 112.78 | 113.53 | 115.54 | 124.81 | 128.79 |
| Change (%) | -18.43% | -5.89% | -0.66% | - | +1.77% | +9.94% | +13.44% |
| Change | -20.92 | -6.69 | -0.75 | - | +2.01 | +11.28 | +15.26 |
| Level | Intermediate | Intermediate | Intermediate | - | Minor | Intermediate | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 104.38 | 106.03 | 109.15 | 110.80 | 113.92 | 115.57 | 118.69 |
| Camarilla | 110.97 | 111.41 | 111.84 | 112.28 | 112.72 | 113.16 | 113.59 |
| Woodie | 105.13 | 106.40 | 109.90 | 111.17 | 114.67 | 115.94 | 119.44 |
| Fibonacci | 106.03 | 107.85 | 108.98 | 110.80 | 112.62 | 113.75 | 115.57 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 96.21 | 99.65 | 105.97 | 109.41 | 115.73 | 119.17 | 125.49 |
| Camarilla | 109.60 | 110.49 | 111.39 | 112.28 | 113.18 | 114.07 | 114.96 |
| Woodie | 97.64 | 100.37 | 107.40 | 110.13 | 117.16 | 119.89 | 126.92 |
| Fibonacci | 99.65 | 103.38 | 105.69 | 109.41 | 113.14 | 115.45 | 119.17 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 91.18 | 99.54 | 114.29 | 122.64 | 137.40 | 145.75 | 160.50 |
| Camarilla | 122.69 | 124.80 | 126.92 | 129.04 | 131.16 | 133.28 | 135.39 |
| Woodie | 94.38 | 101.14 | 117.49 | 124.24 | 140.59 | 147.35 | 163.70 |
| Fibonacci | 99.54 | 108.36 | 113.82 | 122.64 | 131.47 | 136.92 | 145.75 |
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): | 63.94 | |
| MACD (12,26,9): | 1.0000 | |
| Directional Movement: | 15.46 | |
| AROON (14): | 57.14 | |
| DEMA (21): | 112.22 | |
| Parabolic SAR (0,02-0,02-0,2): | 109.64 | |
| Elder Ray (13): | 1.66 | |
| Super Trend (3,10): | 109.68 | |
| Zig ZAG (10): | 113.54 | |
| VORTEX (21): | 1.1100 | |
| Stochastique (14,3,5): | 74.88 | |
| TEMA (21): | 113.32 | |
| Williams %R (14): | -23.03 | |
| Chande Momentum Oscillator (20): | 5.44 | |
| Repulse (5,40,3): | 0.0500 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0700 | |
| Courbe Coppock: | 6.89 |
| MA7: | 109.97 | |
| MA20: | 115.75 | |
| MA50: | 112.26 | |
| MA100: | 99.08 | |
| MAexp7: | 112.63 | |
| MAexp20: | 111.13 | |
| MAexp50: | 110.89 | |
| MAexp100: | 112.68 | |
| Price / MA7: | +3.24% | |
| Price / MA20: | -1.92% | |
| Price / MA50: | +1.13% | |
| Price / MA100: | +14.58% | |
| Price / MAexp7: | +0.80% | |
| Price / MAexp20: | +2.16% | |
| Price / MAexp50: | +2.38% | |
| Price / MAexp100: | +0.75% |
Quotes :
2020-09-28 16:38:46
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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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