APPLE INC. - 1H - Technical analysis published on 03/08/2021 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Strongly bearish
Technical indicators
22%
50%
28%
My opinion
Bearish under 118.39 USD
My targets
111.42 USD (-5.42%)
108.77 USD (-7.67%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on APPLE INC. as long as the price remains well below 118.39 USD. The sellers” bearish objective is set at 111.42 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 108.77 USD. In case of crossing, the next objective would be the support located at 98.36 USD. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
7
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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. rating is 117.80 USD. The price is lower by -2.98% since the last closing and was between 117.40 USD and 121.00 USD. This implies that the price is at +0.34% from its lowest and at -2.64% from its highest.117.40
121.00
117.80
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
Technical analysis of this 1H chart of APPLE INC. indicates that the overall trend is strongly bearish. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, of the 18 technical indicators analysed by Central Analyzer, 4 are bullish, 5 are neutral and 9 are bearish. But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 1
Type : Neutral
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
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 | 98.36 | 108.77 | 117.80 | 118.39 | 121.67 | 124.40 |
| Change (%) | -21.38% | -16.50% | -7.67% | - | +0.50% | +3.29% | +5.60% |
| Change | -25.19 | -19.44 | -9.03 | - | +0.59 | +3.87 | +6.60 |
| Level | Minor | Minor | Major | - | Intermediate | Minor | Intermediate |
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 | 114.32 | 115.95 | 118.68 | 120.31 | 123.04 | 124.67 | 127.40 |
| Camarilla | 120.22 | 120.62 | 121.02 | 121.42 | 121.82 | 122.22 | 122.62 |
| Woodie | 114.88 | 116.23 | 119.24 | 120.59 | 123.60 | 124.95 | 127.96 |
| Fibonacci | 115.95 | 117.61 | 118.64 | 120.31 | 121.97 | 123.00 | 124.67 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 105.27 | 111.42 | 116.42 | 122.57 | 127.57 | 133.72 | 138.72 |
| Camarilla | 118.35 | 119.38 | 120.40 | 121.42 | 122.44 | 123.46 | 124.49 |
| Woodie | 104.70 | 111.13 | 115.85 | 122.28 | 127.00 | 133.43 | 138.15 |
| Fibonacci | 111.42 | 115.68 | 118.31 | 122.57 | 126.83 | 129.46 | 133.72 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 94.32 | 106.35 | 113.81 | 125.84 | 133.30 | 145.33 | 152.79 |
| Camarilla | 115.90 | 117.69 | 119.47 | 121.26 | 123.05 | 124.83 | 126.62 |
| Woodie | 92.03 | 105.21 | 111.52 | 124.70 | 131.01 | 144.19 | 150.50 |
| Fibonacci | 106.35 | 113.80 | 118.40 | 125.84 | 133.29 | 137.89 | 145.33 |
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): | 37.64 | |
| MACD (12,26,9): | -1.3500 | |
| Directional Movement: | -15.89 | |
| AROON (14): | -100.00 | |
| DEMA (21): | 118.51 | |
| Parabolic SAR (0,02-0,02-0,2): | 121.69 | |
| Elder Ray (13): | -1.72 | |
| Super Trend (3,10): | 122.92 | |
| Zig ZAG (10): | 118.00 | |
| VORTEX (21): | 0.8300 | |
| Stochastique (14,3,5): | 10.40 | |
| TEMA (21): | 117.98 | |
| Williams %R (14): | -89.31 | |
| Chande Momentum Oscillator (20): | -2.47 | |
| Repulse (5,40,3): | -1.2500 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.1500 | |
| Courbe Coppock: | 4.04 |
| MA7: | 122.24 | |
| MA20: | 127.83 | |
| MA50: | 131.14 | |
| MA100: | 125.11 | |
| MAexp7: | 118.82 | |
| MAexp20: | 120.28 | |
| MAexp50: | 122.45 | |
| MAexp100: | 125.10 | |
| Price / MA7: | -3.63% | |
| Price / MA20: | -7.85% | |
| Price / MA50: | -10.17% | |
| Price / MA100: | -5.84% | |
| Price / MAexp7: | -0.86% | |
| Price / MAexp20: | -2.06% | |
| Price / MAexp50: | -3.80% | |
| Price / MAexp100: | -5.84% |
Quotes :
2021-03-08 18:01:25
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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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