APPLE INC. - 1H - Technical analysis published on 10/06/2020 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Slightly bearish
Technical indicators
17%
72%
11%
My opinion
Bearish under 117.77 USD
My targets
112.38 USD (-1.35%)
106.84 USD (-6.21%)
My analysis
The short-term decline is currently reinforcing the basic trend, which is only slightly bearish. It would be possible for traders to only trade short positions (for sale) on APPLE INC. as long as the price remains well below 117.77 USD. The next bearish objective for sellers is set at 112.38 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 106.84 USD. In case of crossing, the next objective would be the support located at 103.10 USD.
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
0
10
3.9
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This analysis was given by sadaghiyani. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The APPLE INC. price is 113.92 USD. The price is lower by -2.22% since the last closing with the lowest point at 112.25 USD and the highest point at 116.12 USD. The deviation from the price is +1.49% for the low point and -1.89% for the high point.112.25
116.12
113.92
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
Here is a more detailed summary of the historical variations registered by APPLE INC.:
Technical
A technical analysis in 1H of this APPLE INC. chart shows a 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. An assessment of moving averages reveals several bearish signals that could impact this trend:
Bearish trend reversal : adaptative moving average 50
Type : Bearish
Timeframe : 1 hour
Bearish trend reversal : adaptative moving average 100
Type : Bearish
Timeframe : 1 hour
Bearish price crossover with Moving Average 20
Type : Bearish
Timeframe : 1 hour
Bearish price crossover with Moving Average 50
Type : Bearish
Timeframe : 1 hour
Bearish price crossover with adaptative moving average 50
Type : Bearish
Timeframe : 1 hour
In fact, 13 technical indicators on 18 studied are currently bearish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Pivot points : price is under support 1
Type : Neutral
Timeframe : 1 hour
RSI indicator is back under 50
Type : Bearish
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Momentum indicator is back under 0
Type : Bearish
Timeframe : 1 hour
Williams %R indicator is back under -50
Type : Bearish
Timeframe : 1 hour
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 103.10 | 106.84 | 112.38 | 113.92 | 117.77 | 124.81 | 134.18 |
| Change (%) | -9.50% | -6.21% | -1.35% | - | +3.38% | +9.56% | +17.78% |
| Change | -10.82 | -7.08 | -1.54 | - | +3.85 | +10.89 | +20.26 |
| Level | Minor | Major | Major | - | Intermediate | Intermediate | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 111.38 | 112.47 | 114.48 | 115.57 | 117.58 | 118.67 | 120.68 |
| Camarilla | 115.65 | 115.93 | 116.22 | 116.50 | 116.78 | 117.07 | 117.35 |
| Woodie | 111.85 | 112.70 | 114.95 | 115.80 | 118.05 | 118.90 | 121.15 |
| Fibonacci | 112.47 | 113.65 | 114.38 | 115.57 | 116.75 | 117.48 | 118.67 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 105.42 | 108.82 | 110.92 | 114.32 | 116.42 | 119.82 | 121.92 |
| Camarilla | 111.51 | 112.01 | 112.52 | 113.02 | 113.52 | 114.03 | 114.53 |
| Woodie | 104.77 | 108.50 | 110.27 | 114.00 | 115.77 | 119.50 | 121.27 |
| Fibonacci | 108.82 | 110.92 | 112.22 | 114.32 | 116.42 | 117.72 | 119.82 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 65.07 | 84.08 | 99.95 | 118.96 | 134.83 | 153.84 | 169.71 |
| Camarilla | 106.22 | 109.42 | 112.61 | 115.81 | 119.01 | 122.21 | 125.40 |
| Woodie | 63.49 | 83.30 | 98.37 | 118.18 | 133.25 | 153.06 | 168.13 |
| Fibonacci | 84.08 | 97.41 | 105.64 | 118.96 | 132.29 | 140.52 | 153.84 |
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): | 42.67 | |
| MACD (12,26,9): | -0.1100 | |
| Directional Movement: | -16.61 | |
| AROON (14): | -50.00 | |
| DEMA (21): | 114.79 | |
| Parabolic SAR (0,02-0,02-0,2): | 116.65 | |
| Elder Ray (13): | -1.59 | |
| Super Trend (3,10): | 117.45 | |
| Zig ZAG (10): | 113.77 | |
| VORTEX (21): | 0.8700 | |
| Stochastique (14,3,5): | 39.22 | |
| TEMA (21): | 114.34 | |
| Williams %R (14): | -67.05 | |
| Chande Momentum Oscillator (20): | -1.60 | |
| Repulse (5,40,3): | -0.2400 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0100 | |
| Courbe Coppock: | 0.72 |
| MA7: | 114.96 | |
| MA20: | 112.88 | |
| MA50: | 114.64 | |
| MA100: | 101.36 | |
| MAexp7: | 114.44 | |
| MAexp20: | 114.84 | |
| MAexp50: | 114.36 | |
| MAexp100: | 114.11 | |
| Price / MA7: | -0.90% | |
| Price / MA20: | +0.92% | |
| Price / MA50: | -0.63% | |
| Price / MA100: | +12.39% | |
| Price / MAexp7: | -0.45% | |
| Price / MAexp20: | -0.80% | |
| Price / MAexp50: | -0.38% | |
| Price / MAexp100: | -0.17% |
Quotes :
2020-10-06 19:36:16
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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.
About author
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