APPLE INC. - 1H - Technical analysis published on 10/11/2021 (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
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
61%
0%
39%
My opinion
Bullish above 143.16 USD
My targets
147.47 USD (+2.37%)
149.10 USD (+3.51%)
My analysis
The bullish trend is currently very strong on APPLE INC.. As long as the price remains above the support at 143.16 USD, you could try to benefit from the boom. The first bullish objective is located at 147.47 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 149.10 USD as an objective. Crossing it would then enable buyers to target 151.39 USD. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
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. price is 144.05 USD. The price has increased by +0.81% since the last closing and was traded between 141.81 USD and 144.81 USD over the period. The price is currently at +1.58% from its lowest and -0.52% from its highest.141.81
144.81
144.05
The Central Gaps scanner detects the formation of a bearish gap marking the strong presence of sellers ahead of buyers at the opening. This formed a quotation gap.
Opening Gap DOWN
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 LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of APPLE INC. indicates that the overall trend is strongly bullish. 82.14% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
An assessment of technical indicators shows a moderate bullish signal.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
RSI indicator: bearish divergence
Type : Bearish
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:
Near horizontal resistance
Type : Bearish
Timeframe : 1 hour
Near resistance of triangle
Type : Bearish
Timeframe : 1 hour
Resistance of channel is broken
Type : Bullish
Timeframe : 1 hour
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 | 138.32 | 141.27 | 143.16 | 144.05 | 147.47 | 149.10 | 151.39 |
| Change (%) | -3.98% | -1.93% | -0.62% | - | +2.37% | +3.51% | +5.10% |
| Change | -5.73 | -2.78 | -0.89 | - | +3.42 | +5.05 | +7.34 |
| Level | Intermediate | Minor | Major | - | Intermediate | Minor | Minor |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 140.69 | 141.62 | 142.31 | 143.24 | 143.93 | 144.86 | 145.55 |
| Camarilla | 142.55 | 142.69 | 142.84 | 142.99 | 143.14 | 143.29 | 143.44 |
| Woodie | 140.56 | 141.56 | 142.18 | 143.18 | 143.80 | 144.80 | 145.42 |
| Fibonacci | 141.62 | 142.24 | 142.62 | 143.24 | 143.86 | 144.24 | 144.86 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 133.50 | 135.88 | 139.44 | 141.82 | 145.38 | 147.76 | 151.32 |
| Camarilla | 141.36 | 141.90 | 142.45 | 142.99 | 143.54 | 144.08 | 144.62 |
| Woodie | 134.08 | 136.18 | 140.02 | 142.12 | 145.96 | 148.06 | 151.90 |
| Fibonacci | 135.88 | 138.15 | 139.55 | 141.82 | 144.09 | 145.49 | 147.76 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 120.10 | 130.69 | 136.09 | 146.68 | 152.08 | 162.67 | 168.07 |
| Camarilla | 137.10 | 138.57 | 140.03 | 141.50 | 142.97 | 144.43 | 145.90 |
| Woodie | 117.52 | 129.39 | 133.51 | 145.38 | 149.50 | 161.37 | 165.49 |
| Fibonacci | 130.69 | 136.80 | 140.57 | 146.68 | 152.79 | 156.56 | 162.67 |
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): | 60.41 | |
| MACD (12,26,9): | 0.6100 | |
| Directional Movement: | -2.43 | |
| AROON (14): | 7.14 | |
| DEMA (21): | 143.97 | |
| Parabolic SAR (0,02-0,02-0,2): | 141.87 | |
| Elder Ray (13): | 0.70 | |
| Super Trend (3,10): | 141.99 | |
| Zig ZAG (10): | 144.06 | |
| VORTEX (21): | 1.2100 | |
| Stochastique (14,3,5): | 86.39 | |
| TEMA (21): | 144.44 | |
| Williams %R (14): | -15.67 | |
| Chande Momentum Oscillator (20): | 0.78 | |
| Repulse (5,40,3): | 0.3700 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0600 | |
| Courbe Coppock: | 0.80 |
| MA7: | 142.18 | |
| MA20: | 144.24 | |
| MA50: | 147.37 | |
| MA100: | 141.49 | |
| MAexp7: | 143.86 | |
| MAexp20: | 143.19 | |
| MAexp50: | 142.71 | |
| MAexp100: | 143.55 | |
| Price / MA7: | +1.32% | |
| Price / MA20: | -0.13% | |
| Price / MA50: | -2.25% | |
| Price / MA100: | +1.81% | |
| Price / MAexp7: | +0.13% | |
| Price / MAexp20: | +0.60% | |
| Price / MAexp50: | +0.94% | |
| Price / MAexp100: | +0.35% |
Quotes :
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15 min delayed data
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NASDAQ Stocks
News
The latest news and videos published on APPLE INC. at the time of the analysis were 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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