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. - Daily - Technical analysis published on 02/13/2024 (GMT)

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  • Timeframe : Daily
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Bearish
Underlying: Slightly bearish
Technical indicators
17%
56%
28%
My opinion
Bearish under 189.18 USD
My targets
179.72 USD (-2.52%)
173.59 USD (-5.84%)
My analysis
The basic trend is currently slightly bearish on APPLE INC. and the short term does not seem to show any sign of improvement. Sellers are struggling to get their hands on this instrument. However, as long as the price remains below 189.18 USD, sales could be favoured. The first bearish objective would be located at 179.72 USD. Sellers would then use the next support located at 173.59 USD as an objective. Crossing it would then enable sellers to target 166.46 USD. A return to above the resistance at 189.18 USD could jeopardize this fragile bearish trend. Indecision would then be total and in this case you could keep away.

Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.
Force
0
10
3.8

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 Clay707. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

Additional analysis

Quotes

The APPLE INC. rating is 184.36 USD. The price is lower by -1.49% since the last closing and was between 184.18 USD and 186.21 USD. This implies that the price is at +0.10% from its lowest and at -0.99% from its highest.

184.18
186.21
184.36

A bearish gap was detected at the opening by the Central Gaps scanner. There are a lot of sellers and they have the upper hand in the very short term.

Central Gaps

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:
The study of the highest / lowest by the Central Records scanner shows the following results:

Central Records

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly


Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


A technical analysis in Daily of this APPLE INC. chart shows a slightly bearish trend. Only 60.71% of the signals given by moving averages are bearish. This slightly bearish trend is not supported by the signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:

Central Indicators

Bearish price crossover with adaptative moving average 100

Type : Bearish

Timeframe : Daily



An assessment of technical indicators shows a bearish signal.
Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly


Pivot points : price is under support 3

Type : Neutral

Timeframe : Daily



Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Central Patterns

Near support of channel

Type : Bullish

Timeframe : Daily


Near support of triangle

Type : Bullish

Timeframe : Daily



Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bearish signal that could support the hypothesis of a small drop in the very short term:

Central Candlesticks

Downside gap

Type : Bearish

Timeframe : Daily




ProTrendLines
S3
S2
S1
R1
R2
Price


S3S2S1PriceR1R2
ProTrendLines 173.59 179.72 184.16 184.36 189.18 195.68
Change (%) -5.84% -2.52% -0.11% - +2.61% +6.14%
Change -10.77 -4.64 -0.20 - +4.82 +11.32
Level Minor Major Major - 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
Standard184.52185.66186.40187.54188.28189.42190.16
Camarilla186.63186.81186.98187.15187.32187.50187.67
Woodie184.33185.56186.21187.44188.09189.32189.97
Fibonacci185.66186.38186.82187.54188.26188.70189.42


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard180.82183.21186.03188.42191.24193.63196.45
Camarilla187.42187.90188.37188.85189.33189.81190.28
Woodie181.04183.32186.25188.53191.46193.74196.67
Fibonacci183.21185.20186.43188.42190.41191.64193.63


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard161.17170.55177.36186.74193.55202.93209.74
Camarilla179.71181.19182.68184.16185.64187.13188.61
Woodie159.88169.91176.07186.10192.26202.29208.45
Fibonacci170.55176.74180.56186.74192.93196.75202.93

Numerical data


The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators
Moving averages

RSI (14): 41.12
MACD (12,26,9): -0.6100
Directional Movement: -16.26
AROON (14): -50.00
DEMA (21): 187.48
Parabolic SAR (0,02-0,02-0,2): 189.99
Elder Ray (13): -2.60
Super Trend (3,10): 194.33
Zig ZAG (10): 184.46
VORTEX (21): 0.9200
Stochastique (14,3,5): 45.78
TEMA (21): 186.86
Williams %R (14): -67.59
Chande Momentum Oscillator (20): -7.64
Repulse (5,40,3): -1.3500
ROCnROLL: 2
TRIX (15,9): -0.0300
Courbe Coppock: 4.14
MA7: 187.75
MA20: 189.04
MA50: 190.10
MA100: 184.40
MAexp7: 187.19
MAexp20: 188.15
MAexp50: 188.05
MAexp100: 185.69
Price / MA7: -1.81%
Price / MA20: -2.48%
Price / MA50: -3.02%
Price / MA100: -0.02%
Price / MAexp7: -1.51%
Price / MAexp20: -2.01%
Price / MAexp50: -1.96%
Price / MAexp100: -0.72%

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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