APPLE INC.
APPLE INC.
- USD (-)
- 15 min delayed data - NASDAQ Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: AAPL
ISIN:

APPLE INC. - 1H - Technical analysis published on 02/02/2023 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
72%
17%
11%
My opinion
Bullish above 142.28 USD
My targets
147.23 USD (+1.24%)
155.53 USD (+6.94%)
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 142.28 USD. The buyers' bullish objective is set at 147.23 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 155.53 USD. If there is any crossing, the next objective would be the resistance located at 163.11 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

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
7.9

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 kenneth6411a. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

The APPLE INC. rating is 145.43 USD. The price has increased by +0.79% since the last closing and was traded between 141.32 USD and 146.61 USD over the period. The price is currently at +2.91% from its lowest and -0.80% from its highest.

141.32
146.61
145.43

A study of price movements over other periods shows the following variations:
The Central Records scanner for higher/lower results shows the following items:

Central Records

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of this 1H chart of APPLE INC. indicates that the overall trend is strongly bullish. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting several bearish and bullish signals that could impact this trend:

Central Indicators

Bullish trend reversal : adaptative moving average 20

Type : Bullish

Timeframe : 1 hour


Moving Average bearish crossovers : AMA20 & AMA50

Type : Bearish

Timeframe : 1 hour



The probability of a further increase is high given the direction of the technical indicators.
But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour

Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 1 hour


MACD crosses UP its Moving Average

Type : Bullish

Timeframe : 1 hour


SuperTrend indicator bullish reversal

Type : Bullish

Timeframe : 1 hour


MACD indicator is back over 0

Type : Bullish

Timeframe : 1 hour



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Central Patterns

Near resistance of channel

Type : Bearish

Timeframe : 1 hour



The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 133.59 138.00 142.28 145.43 147.23 155.53 163.11
Change (%) -8.14% -5.11% -2.17% - +1.24% +6.94% +12.16%
Change -11.84 -7.43 -3.15 - +1.80 +10.10 +17.68
Level Minor Major Intermediate - Intermediate Intermediate Minor



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
Standard137.01139.16142.30144.45147.59149.74152.88
Camarilla143.98144.46144.95145.43145.92146.40146.89
Woodie137.50139.41142.79144.70148.08149.99153.37
Fibonacci139.16141.18142.43144.45146.47147.72149.74


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard130.81134.36140.14143.69149.47153.02158.80
Camarilla143.36144.22145.08145.93146.79147.64148.50
Woodie131.94134.92141.27144.25150.60153.58159.93
Fibonacci134.36137.92140.12143.69147.25149.45153.02


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard106.84115.50129.90138.56152.96161.62176.02
Camarilla137.95140.06142.18144.29146.40148.52150.63
Woodie109.70116.94132.76140.00155.82163.06178.88
Fibonacci115.50124.31129.75138.56147.37152.81161.62

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): 63.57
MACD (12,26,9): 0.1400
Directional Movement: 15.59
AROON (14): 7.14
DEMA (21): 143.77
Parabolic SAR (0,02-0,02-0,2): 141.32
Elder Ray (13): 1.90
Super Trend (3,10): 141.39
Zig ZAG (10): 145.43
VORTEX (21): 0.9300
Stochastique (14,3,5): 61.80
TEMA (21): 143.34
Williams %R (14): -22.31
Chande Momentum Oscillator (20): 2.27
Repulse (5,40,3): 1.7400
ROCnROLL: 1
TRIX (15,9): 0.0100
Courbe Coppock: 0.08
MA7: 143.86
MA20: 136.80
MA50: 138.77
MA100: 142.89
MAexp7: 143.73
MAexp20: 143.54
MAexp50: 142.45
MAexp100: 140.08
Price / MA7: +1.09%
Price / MA20: +6.31%
Price / MA50: +4.80%
Price / MA100: +1.78%
Price / MAexp7: +1.18%
Price / MAexp20: +1.32%
Price / MAexp50: +2.09%
Price / MAexp100: +3.82%

Quotes : - 15 min delayed data - NASDAQ Stocks

This member declared not having a position on this financial instrument or a related financial instrument.

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