APPLE INC. - Daily - Technical analysis published on 08/16/2019 (GMT)
- Who voted?
- 334
- 0
I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
A split or consolidation has occurred on this instrument. There is no more graph available on this analysis.
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
50%
17%
33%
My opinion
Bullish above 204.41 USD
My targets
211.75 USD (+2.54%)
222.22 USD (+7.61%)
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 204.41 USD. The buyers” bullish objective is set at 211.75 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 222.22 USD. If there is any crossing, the next objective would be the resistance located at 232.07 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
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 hsokkar. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The APPLE INC. price is 206.50 USD. The price registered an increase of +2.36% on the session and was between 203.84 USD and 207.16 USD. This implies that the price is at +1.30% from its lowest and at -0.32% from its highest.203.84
207.16
206.50
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by APPLE INC.:
Technical
Technical analysis of APPLE INC. in Daily shows a strongly overall bullish trend. 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 scanner does not detect any result on moving averages that would impact this trend.
Technical indicators are slightly bullish. There is therefore considerable uncertainty about the continuation of the increase.
Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Price is back under the pivot point
Type : Bearish
Timeframe : Daily
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:
Near resistance of channel
Type : Bearish
Timeframe : Daily
Near resistance of triangle
Type : Bearish
Timeframe : Daily
Horizontal resistance is broken
Type : Bullish
Timeframe : Daily
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 181.94 | 193.27 | 204.41 | 206.50 | 211.75 | 222.22 | 232.07 |
Change (%) | -11.89% | -6.41% | -1.01% | - | +2.54% | +7.61% | +12.38% |
Change | -24.56 | -13.23 | -2.09 | - | +5.25 | +15.72 | +25.57 |
Level | Minor | Intermediate | Intermediate | - | Major | Intermediate | 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 | 193.76 | 196.71 | 199.23 | 202.18 | 204.70 | 207.65 | 210.17 |
Camarilla | 200.24 | 200.74 | 201.24 | 201.74 | 202.24 | 202.74 | 203.24 |
Woodie | 193.54 | 196.60 | 199.01 | 202.07 | 204.48 | 207.54 | 209.95 |
Fibonacci | 196.71 | 198.80 | 200.09 | 202.18 | 204.27 | 205.56 | 207.65 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 183.59 | 188.08 | 194.54 | 199.03 | 205.49 | 209.98 | 216.44 |
Camarilla | 197.98 | 198.98 | 199.99 | 200.99 | 201.99 | 203.00 | 204.00 |
Woodie | 184.57 | 188.57 | 195.52 | 199.52 | 206.47 | 210.47 | 217.42 |
Fibonacci | 188.08 | 192.27 | 194.85 | 199.03 | 203.22 | 205.80 | 209.98 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 177.55 | 187.98 | 200.51 | 210.94 | 223.47 | 233.90 | 246.43 |
Camarilla | 206.73 | 208.83 | 210.94 | 213.04 | 215.15 | 217.25 | 219.35 |
Woodie | 178.60 | 188.51 | 201.56 | 211.47 | 224.52 | 234.43 | 247.48 |
Fibonacci | 187.98 | 196.75 | 202.17 | 210.94 | 219.71 | 225.13 | 233.90 |
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): | 53.85 | |
MACD (12,26,9): | 0.4100 | |
Directional Movement: | 9.95 | |
AROON (14): | -21.42 | |
DEMA (21): | 204.37 | |
Parabolic SAR (0,02-0,02-0,2): | 193.73 | |
Elder Ray (13): | 1.87 | |
Super Trend (3,10): | 212.07 | |
Zig ZAG (10): | 206.50 | |
VORTEX (21): | 0.9000 | |
Stochastique (14,3,5): | 38.50 | |
TEMA (21): | 203.09 | |
Williams %R (14): | -51.65 | |
Chande Momentum Oscillator (20): | -6.54 | |
Repulse (5,40,3): | 1.6000 | |
ROCnROLL: | 1 | |
TRIX (15,9): | 0.0400 | |
Courbe Coppock: | 4.94 |
MA7: | 203.55 | |
MA20: | 204.88 | |
MA50: | 201.60 | |
MA100: | 197.87 | |
MAexp7: | 203.74 | |
MAexp20: | 203.54 | |
MAexp50: | 201.05 | |
MAexp100: | 196.92 | |
Price / MA7: | +1.45% | |
Price / MA20: | +0.79% | |
Price / MA50: | +2.43% | |
Price / MA100: | +4.36% | |
Price / MAexp7: | +1.35% | |
Price / MAexp20: | +1.45% | |
Price / MAexp50: | +2.71% | |
Price / MAexp100: | +4.86% |
News
The last news published on APPLE INC. at the time of the generation of this analysis was 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.
About author
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
Add a comment
Comments
0 comments on the analysis APPLE INC. - Daily