APPLE INC. - 1H - Technical analysis published on 08/01/2022 (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
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
72%
0%
28%
My opinion
Bullish above 156.03 USD
My targets
163.63 USD (+0.69%)
169.29 USD (+4.17%)
My analysis
The bullish trend is currently very strong on APPLE INC.. As long as the price remains above the support at 156.03 USD, you could try to benefit from the boom. The first bullish objective is located at 163.63 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 169.29 USD as an objective. Crossing it would then enable buyers to target 181.51 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, 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
8.4
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Additional analysis
Quotes
The APPLE INC. rating is 162.51 USD. The price has increased by +3.28% since the last closing with the lowest point at 159.50 USD and the highest point at 163.63 USD. The deviation from the price is +1.89% for the low point and -0.68% for the high point.159.50
163.63
162.51
The Central Gaps scanner detects the formation of a bullish gap marking the strong presence of buyers against sellers at the opening. This formed a quotation gap.
Opening Gap UP
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
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. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, according to the parameters integrated into the Central Analyzer system, 13 technical indicators out of 18 analysed are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:
RSI indicator is overbought : over 70
Type : Neutral
Timeframe : 1 hour
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : Weekly
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : 1 hour
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Near horizontal resistance
Type : Bearish
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 | 141.90 | 150.45 | 156.03 | 162.51 | 163.63 | 169.29 | 181.51 |
| Change (%) | -12.68% | -7.42% | -3.99% | - | +0.69% | +4.17% | +11.69% |
| Change | -20.61 | -12.06 | -6.48 | - | +1.12 | +6.78 | +19.00 |
| Level | Major | Major | Major | - | Intermediate | Minor | Major |
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 | 156.00 | 157.75 | 160.13 | 161.88 | 164.26 | 166.01 | 168.39 |
| Camarilla | 161.37 | 161.75 | 162.13 | 162.51 | 162.89 | 163.27 | 163.65 |
| Woodie | 156.32 | 157.91 | 160.45 | 162.04 | 164.58 | 166.17 | 168.71 |
| Fibonacci | 157.75 | 159.33 | 160.30 | 161.88 | 163.46 | 164.43 | 166.01 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 141.50 | 146.15 | 154.33 | 158.98 | 167.16 | 171.81 | 179.99 |
| Camarilla | 158.98 | 160.16 | 161.33 | 162.51 | 163.69 | 164.86 | 166.04 |
| Woodie | 143.27 | 147.03 | 156.10 | 159.86 | 168.93 | 172.69 | 181.76 |
| Fibonacci | 146.15 | 151.05 | 154.08 | 158.98 | 163.88 | 166.91 | 171.81 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 103.89 | 116.47 | 126.59 | 139.17 | 149.29 | 161.87 | 171.99 |
| Camarilla | 130.48 | 132.56 | 134.64 | 136.72 | 138.80 | 140.88 | 142.96 |
| Woodie | 102.67 | 115.86 | 125.37 | 138.56 | 148.07 | 161.26 | 170.77 |
| Fibonacci | 116.47 | 125.14 | 130.50 | 139.17 | 147.84 | 153.20 | 161.87 |
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): | 78.09 | |
| MACD (12,26,9): | 2.4400 | |
| Directional Movement: | 27.44 | |
| AROON (14): | 50.00 | |
| DEMA (21): | 161.87 | |
| Parabolic SAR (0,02-0,02-0,2): | 160.57 | |
| Elder Ray (13): | 2.53 | |
| Super Trend (3,10): | 158.55 | |
| Zig ZAG (10): | 162.57 | |
| VORTEX (21): | 1.2700 | |
| Stochastique (14,3,5): | 89.50 | |
| TEMA (21): | 163.22 | |
| Williams %R (14): | -11.50 | |
| Chande Momentum Oscillator (20): | 6.67 | |
| Repulse (5,40,3): | 0.1000 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1800 | |
| Courbe Coppock: | 8.65 |
| MA7: | 155.81 | |
| MA20: | 149.67 | |
| MA50: | 144.22 | |
| MA100: | 153.56 | |
| MAexp7: | 161.75 | |
| MAexp20: | 158.91 | |
| MAexp50: | 155.73 | |
| MAexp100: | 152.40 | |
| Price / MA7: | +4.30% | |
| Price / MA20: | +8.58% | |
| Price / MA50: | +12.68% | |
| Price / MA100: | +5.83% | |
| Price / MAexp7: | +0.51% | |
| Price / MAexp20: | +2.30% | |
| Price / MAexp50: | +4.39% | |
| Price / MAexp100: | +6.67% |
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.
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