APPLE INC. - 1H - Technical analysis published on 11/12/2020 (GMT)
- 229
- 0
I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Bullish
De fond:
Strongly bullish
Technical indicators
83%
0%
17%
My opinion
Bullish above 116.53 USD
My targets
121.99 USD (+2.05%)
124.45 USD (+4.11%)
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 116.53 USD. The buyers” bullish objective is set at 121.99 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 124.45 USD. If there is any crossing, the next objective would be the resistance located at 134.18 USD. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible overbought items that could be a sign of a possible short-term correction.
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
8
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 Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
APPLE INC. rating 119.54 USD. The price has increased by +0.04% since the last closing with the lowest point at 118.81 USD and the highest point at 120.53 USD. The deviation from the price is +0.61% for the low point and -0.82% for the high point.118.81
120.53
119.54
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by APPLE INC.:
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 moving averages are 89.29% bullish. This strongly bullish trend seems to be running out of steam given the signals being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, 15 technical indicators on 18 studied are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:
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 scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 111.10 | 114.14 | 116.53 | 119.54 | 119.63 | 121.99 | 124.45 |
| Change (%) | -7.06% | -4.52% | -2.52% | - | +0.08% | +2.05% | +4.11% |
| Change | -8.44 | -5.40 | -3.01 | - | +0.09 | +2.45 | +4.91 |
| Level | Minor | Intermediate | Major | - | Minor | 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 | 114.22 | 115.33 | 117.41 | 118.52 | 120.60 | 121.71 | 123.79 |
| Camarilla | 118.61 | 118.91 | 119.20 | 119.49 | 119.78 | 120.08 | 120.37 |
| Woodie | 114.71 | 115.57 | 117.90 | 118.76 | 121.09 | 121.95 | 124.28 |
| Fibonacci | 115.33 | 116.55 | 117.30 | 118.52 | 119.74 | 120.49 | 121.71 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 98.50 | 102.91 | 110.80 | 115.21 | 123.10 | 127.51 | 135.40 |
| Camarilla | 115.31 | 116.44 | 117.56 | 118.69 | 119.82 | 120.95 | 122.07 |
| Woodie | 100.24 | 103.78 | 112.54 | 116.08 | 124.84 | 128.38 | 137.14 |
| Fibonacci | 102.91 | 107.61 | 110.51 | 115.21 | 119.91 | 122.81 | 127.51 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 84.92 | 96.32 | 102.59 | 113.99 | 120.26 | 131.66 | 137.93 |
| Camarilla | 104.00 | 105.62 | 107.24 | 108.86 | 110.48 | 112.10 | 113.72 |
| Woodie | 82.36 | 95.04 | 100.03 | 112.71 | 117.70 | 130.38 | 135.37 |
| Fibonacci | 96.32 | 103.07 | 107.24 | 113.99 | 120.74 | 124.91 | 131.66 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 59.76 | |
| MACD (12,26,9): | 0.7200 | |
| Directional Movement: | 7.35 | |
| AROON (14): | 92.86 | |
| DEMA (21): | 119.43 | |
| Parabolic SAR (0,02-0,02-0,2): | 116.42 | |
| Elder Ray (13): | 1.14 | |
| Super Trend (3,10): | 121.04 | |
| Zig ZAG (10): | 119.61 | |
| VORTEX (21): | 0.9800 | |
| Stochastique (14,3,5): | 88.89 | |
| TEMA (21): | 119.49 | |
| Williams %R (14): | -13.96 | |
| Chande Momentum Oscillator (20): | 2.98 | |
| Repulse (5,40,3): | 0.2000 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0600 | |
| Courbe Coppock: | 4.14 |
| MA7: | 117.77 | |
| MA20: | 115.54 | |
| MA50: | 115.13 | |
| MA100: | 110.39 | |
| MAexp7: | 119.45 | |
| MAexp20: | 118.54 | |
| MAexp50: | 117.18 | |
| MAexp100: | 116.27 | |
| Price / MA7: | +1.50% | |
| Price / MA20: | +3.46% | |
| Price / MA50: | +3.83% | |
| Price / MA100: | +8.29% | |
| Price / MAexp7: | +0.07% | |
| Price / MAexp20: | +0.84% | |
| Price / MAexp50: | +2.01% | |
| Price / MAexp100: | +2.80% |
Quotes :
2020-11-12 16:37:45
-
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:
-
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
Online
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
Add a comment
Comments
0 comments on the analysis APPLE INC. - 1H