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 06/07/2024 (GMT)

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Timeframe : Weekly
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

83%

17%

My opinion

Bullish above 179.48 USD

My targets

200.54 USD (+3.12%)

208.83 USD (+7.38%)

My analysis

APPLE INC. is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 179.48 USD. The next resistance located at 200.54 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 208.83 USD. After this resistance, buyers could then target 224.66 USD. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

8.4

Comment on the analysis

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 Svtosig. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The APPLE INC. rating is 194.48 USD. The price registered an increase of +1.16% over 5 days with the lowest point at 192.52 USD and the highest point at 196.90 USD. The deviation from the price is +1.02% for the low point and -1.23% for the high point.

192.52

196.90

194.48

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Bearish opening

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:

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

A technical analysis in Weekly of this APPLE INC. chart shows a strongly bullish trend. The signals given by the moving averages are 89.29% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, 15 technical indicators on 18 studied are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Weekly

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Weekly

Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

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

Near horizontal resistance

Type : Bearish

Timeframe : Weekly

Resistance of channel is broken

Type : Bullish

Timeframe : Weekly

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price	R1
ProTrendLines	124.00	166.23	179.48	194.48	196.86
Change (%)	-36.24%	-14.53%	-7.71%	-	+1.22%
Change	-70.48	-28.25	-15.00	-	+2.38
Level	Major	Major	Major	-	Major

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	191.27	192.72	193.60	195.05	195.93	197.38	198.26
Camarilla	193.84	194.05	194.27	194.48	194.69	194.91	195.12
Woodie	190.99	192.58	193.32	194.91	195.65	197.24	197.98
Fibonacci	192.72	193.61	194.16	195.05	195.94	196.49	197.38

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	186.00	187.55	189.90	191.45	193.80	195.35	197.70
Camarilla	191.18	191.54	191.89	192.25	192.61	192.97	193.32
Woodie	186.40	187.75	190.30	191.65	194.20	195.55	198.10
Fibonacci	187.55	189.04	189.96	191.45	192.94	193.86	195.35

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	152.30	160.59	176.42	184.71	200.54	208.83	224.66
Camarilla	185.62	187.83	190.04	192.25	194.46	196.67	198.88
Woodie	156.07	162.48	180.19	186.60	204.31	210.72	228.43
Fibonacci	160.59	169.80	175.50	184.71	193.92	199.62	208.83

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):	61.44
MACD (12,26,9):	2.1800
Directional Movement:	15.98
AROON (14):	50.00
DEMA (21):	184.53
Parabolic SAR (0,02-0,02-0,2):	169.48
Elder Ray (13):	10.89
Super Trend (3,10):	172.67
Zig ZAG (10):	194.48
VORTEX (21):	1.0400
Stochastique (14,3,5):	93.43
TEMA (21):	185.74
Williams %R (14):	-7.32
Chande Momentum Oscillator (20):	22.09
Repulse (5,40,3):	3.1500
ROCnROLL:	1
TRIX (15,9):	-0.0400
Courbe Coppock:	5.74

MA7:	193.22
MA20:	190.21
MA50:	178.92
MA100:	180.15
MAexp7:	187.25
MAexp20:	182.56
MAexp50:	178.91
MAexp100:	169.65
Price / MA7:	+0.65%
Price / MA20:	+2.24%
Price / MA50:	+8.70%
Price / MA100:	+7.95%
Price / MAexp7:	+3.86%
Price / MAexp20:	+6.53%
Price / MAexp50:	+8.70%
Price / MAexp100:	+14.64%

Quotes : - 15 min delayed data - NASDAQ Stocks

News

The latest news and videos published on APPLE INC. at the time of the analysis were as follows:

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

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