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 01/23/2024 (GMT)

Londinia

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

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

67%

33%

My opinion

Bullish above 191.09 USD

My targets

197.68 USD (+1.29%)

199.62 USD (+2.29%)

My analysis

The bullish trend is currently very strong on APPLE INC.. As long as the price remains above the support at 191.09 USD, you could try to benefit from the boom. The first bullish objective is located at 197.68 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 199.62 USD as an objective. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

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

8.2

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 Clay707. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The APPLE INC. rating is 195.16 USD. The price has increased by +0.66% since the last closing and was traded between 193.83 USD and 195.75 USD over the period. The price is currently at +0.69% from its lowest and -0.30% from its highest.

193.83

195.75

195.16

Here is a more detailed summary of the historical variations registered by APPLE INC.:

The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

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 1H of this APPLE INC. chart shows a strongly 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 market scanner currently does not detect any result that concerns moving averages.

In fact, 12 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : 1 hour

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Near resistance of channel

Type : Bearish

Timeframe : 1 hour

The Central Candlesticks scanner currently notes the presence of this pattern in Japanese candlesticks that could mark the end of the short-term trend currently underway:

Doji

Type : Neutral

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	187.05	189.42	191.09	195.16	195.93	197.68	199.62
Change (%)	-4.16%	-2.94%	-2.09%	-	+0.39%	+1.29%	+2.29%
Change	-8.11	-5.74	-4.07	-	+0.77	+2.52	+4.46
Level	Minor	Minor	Minor	-	Major	Minor	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	189.25	190.76	192.32	193.83	195.39	196.90	198.46
Camarilla	193.05	193.33	193.61	193.89	194.17	194.45	194.73
Woodie	189.29	190.77	192.36	193.84	195.43	196.91	198.50
Fibonacci	190.76	191.93	192.65	193.83	195.00	195.72	196.90

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	172.27	176.29	183.92	187.94	195.57	199.59	207.22
Camarilla	188.36	189.42	190.49	191.56	192.63	193.70	194.76
Woodie	174.09	177.19	185.74	188.84	197.39	200.49	209.04
Fibonacci	176.29	180.74	183.49	187.94	192.39	195.14	199.59

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	174.61	181.03	186.78	193.20	198.95	205.37	211.12
Camarilla	189.18	190.30	191.41	192.53	193.65	194.76	195.88
Woodie	174.28	180.86	186.45	193.03	198.62	205.20	210.79
Fibonacci	181.03	185.68	188.55	193.20	197.85	200.72	205.37

Numerical data

The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators

Moving averages

RSI (14):	71.00
MACD (12,26,9):	2.1400
Directional Movement:	27.59
AROON (14):	71.43
DEMA (21):	195.47
Parabolic SAR (0,02-0,02-0,2):	193.59
Elder Ray (13):	1.33
Super Trend (3,10):	192.03
Zig ZAG (10):	194.94
VORTEX (21):	1.3000
Stochastique (14,3,5):	84.13
TEMA (21):	196.10
Williams %R (14):	-15.57
Chande Momentum Oscillator (20):	3.46
Repulse (5,40,3):	0.2100
ROCnROLL:	1
TRIX (15,9):	0.1800
Courbe Coppock:	4.16

MA7:	188.75
MA20:	188.13
MA50:	190.28
MA100:	183.33
MAexp7:	194.54
MAexp20:	192.58
MAexp50:	189.48
MAexp100:	188.40
Price / MA7:	+3.40%
Price / MA20:	+3.74%
Price / MA50:	+2.56%
Price / MA100:	+6.45%
Price / MAexp7:	+0.32%
Price / MAexp20:	+1.34%
Price / MAexp50:	+3.00%
Price / MAexp100:	+3.59%

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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