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 12/21/2023 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Neutral

Technical indicators

72%

22%

My opinion

Bearish under 195.93 USD

My targets

191.45 USD (-1.57%)

189.71 USD (-2.47%)

My analysis

The current short-term bearish acceleration registered on APPLE INC. should quickly allow the basic trend to return to a bearish trend. To avoid contradicting the short term, traders could favour short positions (for sale) as long as the price remains well below 195.93 USD. Short-term sellers will use the support located at 191.45 USD as an objective. A bearish break of this support would revive the bearish momentum. The next bearish objective would then be set at 189.71 USD. Crossing this support would then open the door for sellers to target 187.48 USD. Caution, if there is a return to below 195.93 USD, it should not be forgotten that the basic trend is not yet clearly defined. Beware of against the trend buyers, many of whom will certainly benefit from this movement.

In the very short term, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.

Force

3.2

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

Additional analysis

Quotes

The APPLE INC. rating is 194.51 USD. The price registered a decrease of -0.16% on the session with the lowest point at 194.29 USD and the highest point at 197.08 USD. The deviation from the price is +0.11% for the low point and -1.30% for the high point.

194.29

197.08

194.51

The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Bullish opening

Type : Bullish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

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 LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of APPLE INC. in 1H shows a neutral overall trend. This indecision could turn into a bearish trend due to the strong bearish signals currently being given by short-term moving averages. An assessment of moving averages reveals several bullish signals that could impact this trend:

Bullish price crossover with Moving Average 100

Type : Bullish

Timeframe : 1 hour

Bullish price crossover with adaptative moving average 100

Type : Bullish

Timeframe : 1 hour

In fact, according to the parameters integrated into the Central Analyzer system, 13 technical indicators out of 18 analysed are currently bearish. But beware of excesses. The Central Indicators scanner currently detects this:

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 1 hour

Previous candle closed under Bollinger bands

Type : Neutral

Timeframe : 1 hour

RSI indicator: bullish divergence

Type : Bullish

Timeframe : 1 hour

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

The Central Indicators scanner found no further results concerning independent technical indicators.

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Near horizontal support

Type : Bullish

Timeframe : 1 hour

Support of channel is broken

Type : Bearish

Timeframe : 1 hour

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

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2
ProTrendLines	189.71	191.45	194.39	194.51	195.93	199.62
Change (%)	-2.47%	-1.57%	-0.06%	-	+0.73%	+2.63%
Change	-4.80	-3.06	-0.12	-	+1.42	+5.11
Level	Minor	Major	Intermediate	-	Major	Intermediate

To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	191.03	192.93	193.88	195.78	196.73	198.63	199.58
Camarilla	194.05	194.31	194.57	194.83	195.09	195.35	195.61
Woodie	190.56	192.69	193.41	195.54	196.26	198.39	199.11
Fibonacci	192.93	194.02	194.69	195.78	196.87	197.54	198.63

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	184.59	188.00	192.79	196.20	200.99	204.40	209.19
Camarilla	195.32	196.07	196.82	197.57	198.32	199.07	199.83
Woodie	185.27	188.35	193.47	196.55	201.67	204.75	209.87
Fibonacci	188.00	191.14	193.07	196.20	199.34	201.27	204.40

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	152.56	161.23	175.59	184.26	198.62	207.29	221.65
Camarilla	183.62	185.73	187.84	189.95	192.06	194.17	196.28
Woodie	155.41	162.65	178.44	185.68	201.47	208.71	224.50
Fibonacci	161.23	170.03	175.46	184.26	193.06	198.49	207.29

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):	41.22
MACD (12,26,9):	-0.3000
Directional Movement:	-12.49
AROON (14):	-57.15
DEMA (21):	195.85
Parabolic SAR (0,02-0,02-0,2):	197.61
Elder Ray (13):	-1.26
Super Trend (3,10):	197.55
Zig ZAG (10):	194.88
VORTEX (21):	0.9300
Stochastique (14,3,5):	17.71
TEMA (21):	195.34
Williams %R (14):	-82.89
Chande Momentum Oscillator (20):	-1.21
Repulse (5,40,3):	-0.9300
ROCnROLL:	2
TRIX (15,9):	0.0000
Courbe Coppock:	0.50

MA7:	196.58
MA20:	193.49
MA50:	185.05
MA100:	181.58
MAexp7:	195.49
MAexp20:	196.10
MAexp50:	195.87
MAexp100:	194.37
Price / MA7:	-1.05%
Price / MA20:	+0.53%
Price / MA50:	+5.11%
Price / MA100:	+7.12%
Price / MAexp7:	-0.50%
Price / MAexp20:	-0.81%
Price / MAexp50:	-0.69%
Price / MAexp100:	+0.07%

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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