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. - Weekly - Technical analysis published on 01/05/2024 (GMT)

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  • Timeframe : Weekly
  • - Analysis generated on
  • Status : LEVEL MAINTAINED

Summary of the analysis

Trends
Short term: Neutral
Underlying: Bullish
Technical indicators
39%
28%
33%
My opinion
Bullish above 154.68 USD
My targets
195.93 USD (+8.22%)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on APPLE INC.. As long as you are above the support located at 154.68 USD, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 195.93 USD would be a signal that the basic trade will reverse and the short-term trend could then quickly become bullish. If the support 154.68 USD were to be broken, this would simply be a sign of a possible continuation of short-term consolidation and trading against the trend would then perhaps be more risky.

Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.
Force
0
10
3.6

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 Olegs. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Daily

Additional analysis

Quotes

APPLE INC. rating 181.05 USD. The price is lower by -5.96% over the 5 days and has been traded over the last 5 days between 180.42 USD and 188.44 USD. This implies that the 5 day price is +0.35% from its lowest point and -3.92% from its highest point.

180.42
188.44
181.05

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:
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 LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of this Weekly chart of APPLE INC. indicates that the overall trend is bullish. 75.00% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by the short-term moving averages indicate that this bullish trend is showing signs of running out of steam. The Central Indicators market scanner is currently detecting several bearish signals that could impact this trend:

Central Indicators

Bearish price crossover with Moving Average 20

Type : Bearish

Timeframe : Weekly


Bearish price crossover with adaptative moving average 20

Type : Bearish

Timeframe : Weekly



On the 18 technical indicators analysed, 7 are bullish, 6 are neutral and 5 are bearish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Pivot points : price is under support 3

Type : Neutral

Timeframe : Weekly


RSI indicator is back under 50

Type : Bearish

Timeframe : Weekly


Williams %R indicator is back under -50

Type : Bearish

Timeframe : Weekly



The analysis of the price chart with Central Patterns scanners does not return any result.

The presence of a bearish pattern in Japanese candlesticks detected by Central Candlesticks that could cause a correction in the very short term was also detected:

Central Candlesticks

Downside gap

Type : Bearish

Timeframe : Weekly




ProTrendLines
S3
S2
S1
R1
Price


S3S2S1PriceR1
ProTrendLines 124.33 154.68 179.95 181.05 195.93
Change (%) -31.33% -14.57% -0.61% - +8.22%
Change -56.72 -26.37 -1.10 - +14.88
Level Major Minor Major - 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
Standard178.62179.75180.83181.96183.04184.17185.25
Camarilla181.30181.51181.71181.91182.11182.32182.52
Woodie178.60179.74180.81181.95183.02184.16185.23
Fibonacci179.75180.59181.12181.96182.80183.33184.17


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard187.29189.19190.86192.76194.43196.33198.00
Camarilla191.55191.88192.20192.53192.86193.19193.51
Woodie187.18189.13190.75192.70194.32196.27197.89
Fibonacci189.19190.55191.40192.76194.12194.97196.33


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard174.61181.03186.78193.20198.95205.37211.12
Camarilla189.18190.30191.41192.53193.65194.76195.88
Woodie174.28180.86186.45193.03198.62205.20210.79
Fibonacci181.03185.68188.55193.20197.85200.72205.37

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): 49.46
MACD (12,26,9): 4.4500
Directional Movement: 0.58
AROON (14): 50.00
DEMA (21): 190.87
Parabolic SAR (0,02-0,02-0,2): 179.48
Elder Ray (13): -2.49
Super Trend (3,10): 173.54
Zig ZAG (10): 182.15
VORTEX (21): 1.0300
Stochastique (14,3,5): 70.15
TEMA (21): 190.79
Williams %R (14): -51.04
Chande Momentum Oscillator (20): 3.59
Repulse (5,40,3): -2.5200
ROCnROLL: -1
TRIX (15,9): 0.3300
Courbe Coppock: 16.28
MA7: 187.43
MA20: 192.68
MA50: 187.36
MA100: 182.23
MAexp7: 189.06
MAexp20: 184.92
MAexp50: 176.02
MAexp100: 163.78
Price / MA7: -3.40%
Price / MA20: -6.04%
Price / MA50: -3.37%
Price / MA100: -0.65%
Price / MAexp7: -4.24%
Price / MAexp20: -2.09%
Price / MAexp50: +2.86%
Price / MAexp100: +10.54%

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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