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 10/16/2023 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Bearish

Underlying: Bullish

Technical indicators

28%

33%

39%

My opinion

Bullish above 173.56 USD

My targets

180.19 USD (+1.17%)

182.34 USD (+2.38%)

My analysis

With a bullish background trend, the price of APPLE INC. is trying to inflate a little with a slight short-term relapse. At this stage, no trend reversal is in sight. Globally, buyers have the upper hand. Traders could allow themselves to trade long positions (at the time of purchase) as long as the price remains above the support located at 173.56 USD. A bullish break in the resistance located at 180.19 USD would boost the bullish momentum and fuel the basic trend. Then the price could move towards 182.34 USD. Then 189.70 USD by extension. It would be safer to wait for a bullish break in the resistance located at 180.19 USD before allowing yourself to re trade long positions (at purchase) on APPLE INC.. PS: if there is a bearish break in the support located at 173.56 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.

In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.

Force

1.3

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.

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Additional analysis

Quotes

The APPLE INC. price is 178.10 USD. The price is lower by -0.42% since the last closing and was between 176.51 USD and 179.07 USD. This implies that the price is at +0.90% from its lowest and at -0.54% from its highest.

176.51

179.07

178.10

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.

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 Central Records scanner, which identifies the highest / lowest, has detected an element:

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of APPLE INC. in 1H shows an overall bullish trend. 67.86% of the signals given by moving averages are bullish. Caution: the slightly bearish signals currently being given by short-term moving averages indicate that this bullish trend may be running out of steam. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:

Bullish trend reversal : adaptative moving average 50

Type : Bullish

Timeframe : 1 hour

In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 5 are bullish, 7 are neutral and 6 are bearish. No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.

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

Near horizontal support

Type : Bullish

Timeframe : 1 hour

Support of channel is broken

Type : Bearish

Timeframe : 1 hour

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:

White hanging man / hammer

Type : Neutral

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	170.43	173.56	177.55	178.10	180.19	182.34	189.70
Change (%)	-4.31%	-2.55%	-0.31%	-	+1.17%	+2.38%	+6.51%
Change	-7.67	-4.54	-0.55	-	+2.09	+4.24	+11.60
Level	Major	Major	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	173.56	175.85	177.35	179.64	181.14	183.43	184.93
Camarilla	177.81	178.16	178.50	178.85	179.20	179.55	179.89
Woodie	173.17	175.65	176.96	179.44	180.75	183.23	184.54
Fibonacci	175.85	177.30	178.19	179.64	181.09	181.98	183.43

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	169.11	172.46	175.65	179.00	182.19	185.54	188.73
Camarilla	177.05	177.65	178.25	178.85	179.45	180.05	180.65
Woodie	169.04	172.42	175.58	178.96	182.12	185.50	188.66
Fibonacci	172.46	174.96	176.50	179.00	181.50	183.04	185.54

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	140.20	153.91	162.56	176.27	184.92	198.63	207.28
Camarilla	165.06	167.11	169.16	171.21	173.26	175.31	177.36
Woodie	137.67	152.65	160.03	175.01	182.39	197.37	204.75
Fibonacci	153.91	162.45	167.73	176.27	184.81	190.09	198.63

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):	46.14
MACD (12,26,9):	-0.1900
Directional Movement:	-13.40
AROON (14):	-50.00
DEMA (21):	178.80
Parabolic SAR (0,02-0,02-0,2):	179.59
Elder Ray (13):	-0.60
Super Trend (3,10):	181.09
Zig ZAG (10):	178.21
VORTEX (21):	0.9500
Stochastique (14,3,5):	26.85
TEMA (21):	177.98
Williams %R (14):	-66.61
Chande Momentum Oscillator (20):	-2.87
Repulse (5,40,3):	0.5800
ROCnROLL:	-1
TRIX (15,9):	0.0100
Courbe Coppock:	2.65

MA7:	178.93
MA20:	175.54
MA50:	177.80
MA100:	182.32
MAexp7:	178.33
MAexp20:	178.84
MAexp50:	178.09
MAexp100:	177.11
Price / MA7:	-0.46%
Price / MA20:	+1.46%
Price / MA50:	+0.17%
Price / MA100:	-2.31%
Price / MAexp7:	-0.13%
Price / MAexp20:	-0.41%
Price / MAexp50:	+0.01%
Price / MAexp100:	+0.56%

Quotes : - 15 min delayed data - NASDAQ Stocks

News

Don't forget to follow the news on APPLE INC.. At the time of publication of this analysis, the latest news was as follows:

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

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