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 01/04/2024 (GMT)

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  • Timeframe : Daily
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Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Slightly bearish
Technical indicators
17%
67%
17%
My opinion
Bearish under 189.41 USD
My targets
173.81 USD (-4.58%)
166.70 USD (-8.48%)
My analysis
The short-term decline is currently reinforcing the basic trend, which is only slightly bearish. It would be possible for traders to only trade short positions (for sale) on APPLE INC. as long as the price remains well below 189.41 USD. The next bearish objective for sellers is set at 173.81 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 166.70 USD. In case of crossing, the next objective would be the support located at 159.45 USD.

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

Additional analysis

Quotes

APPLE INC. rating 182.15 USD. On the day, this instrument lost -1.14% and was traded between 180.88 USD and 183.09 USD over the period. The price is currently at +0.70% from its lowest and -0.51% from its highest.

180.88
183.09
182.15

The Central Gaps scanner detects a bearish gap which is a sign that the sellers have taken the lead in the very short term.

Central Gaps

Opening Gap DOWN

Type : Bearish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by APPLE INC.:
The study of the highest / lowest by the Central Records scanner shows the following results:

Central Records

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


New LOW record (1st january)

Type : Bearish

Timeframe : Weekly


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. 53.57% of the signals given by moving averages are bearish. The overall trend could accelerate as a result of the strong bearish signals from short-term moving averages. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:

Central Indicators

Bearish trend reversal : adaptative moving average 100

Type : Bearish

Timeframe : Daily



An assessment of technical indicators shows a bearish signal.
But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

RSI indicator is oversold : under 30

Type : Neutral

Timeframe : Daily


CCI indicator is oversold : under -100

Type : Neutral

Timeframe : Daily


Previous candle closed under Bollinger bands

Type : Neutral

Timeframe : Daily


Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Pivot points : price is under support 1

Type : Neutral

Timeframe : Daily


Pivot points : price is under support 3

Type : Neutral

Timeframe : Weekly


MACD indicator is back under 0

Type : Bearish

Timeframe : Daily



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

Central Patterns

Near horizontal support

Type : Bullish

Timeframe : Daily


Support of channel is broken

Type : Bearish

Timeframe : Daily



The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
R1
R2
Price


S3S2S1PriceR1R2
ProTrendLines 166.70 173.81 179.95 182.15 189.41 195.93
Change (%) -8.48% -4.58% -1.21% - +3.99% +7.57%
Change -15.45 -8.34 -2.20 - +7.26 +13.78
Level Intermediate Minor Major - Minor Major



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
Standard180.71182.07183.16184.52185.61186.97188.06
Camarilla183.58183.80184.03184.25184.48184.70184.92
Woodie180.58182.00183.03184.45185.48186.90187.93
Fibonacci182.07183.01183.58184.52185.46186.03186.97


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard187.29189.19190.86192.76194.43196.33198.00
Camarilla191.55191.88192.20192.53192.86193.19193.51
Woodie187.18189.13190.75192.70194.32196.27197.89
Fibonacci189.19190.55191.40192.76194.12194.97196.33


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard174.61181.03186.78193.20198.95205.37211.12
Camarilla189.18190.30191.41192.53193.65194.76195.88
Woodie174.28180.86186.45193.03198.62205.20210.79
Fibonacci181.03185.68188.55193.20197.85200.72205.37

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): 30.22
MACD (12,26,9): -0.6600
Directional Movement: -23.95
AROON (14): -92.86
DEMA (21): 191.02
Parabolic SAR (0,02-0,02-0,2): 194.32
Elder Ray (13): -8.20
Super Trend (3,10): 191.20
Zig ZAG (10): 182.33
VORTEX (21): 0.8600
Stochastique (14,3,5): 7.84
TEMA (21): 187.91
Williams %R (14): -92.83
Chande Momentum Oscillator (20): -15.35
Repulse (5,40,3): -0.7900
ROCnROLL: 2
TRIX (15,9): 0.1100
Courbe Coppock: 6.66
MA7: 189.19
MA20: 193.21
MA50: 187.19
MA100: 182.21
MAexp7: 187.89
MAexp20: 190.82
MAexp50: 188.33
MAexp100: 184.27
Price / MA7: -3.72%
Price / MA20: -5.72%
Price / MA50: -2.69%
Price / MA100: -0.03%
Price / MAexp7: -3.05%
Price / MAexp20: -4.54%
Price / MAexp50: -3.28%
Price / MAexp100: -1.15%

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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