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 01/29/2024 (GMT)

Timeframe : 1H
- Analysis generated on
Status : NEUTRAL

Summary of the analysis

Trends

Short term: Bearish

Underlying: Slightly bullish

Technical indicators

11%

61%

28%

My opinion

Neutral between 191.09 USD and 195.93 USD

My targets

My analysis

The short-term decline on APPLE INC. remains moderate but it could call into question the slightly bullish basic trend. It is difficult to advise a trading direction under these conditions. The first support is located at 191.09 USD. The first resistance is located at 195.93 USD. You could remain on the sidelines waiting for a more pronounced price movement on this instrument. A new analysis could then be carried out to provide clearer signals.

In the very short term, despite the neutral opinion of this analysis, technical indicators are bearish and could soon allow change to a bearish sentiment.

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

APPLE INC. rating 192.42 USD. The price registered a decrease of -0.90% on the session with the lowest point at 191.94 USD and the highest point at 194.76 USD. The deviation from the price is +0.25% for the low point and -1.20% for the high point.

191.94

194.76

192.42

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

So that you have an overall view of the price change, here is a table showing the variations over several periods:

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 HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

A technical analysis in 1H of this APPLE INC. chart shows a slightly bullish trend. Only 60.71% of the signals given by moving averages are bullish. This slightly bullish trend could turn neutral or reverse given the slightly bearish signals currently being given by short-term moving averages. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:

Bearish price crossover with Moving Average 50

Type : Bearish

Timeframe : 1 hour

In fact, 11 technical indicators on 18 studied 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

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

Other results related to technical indicators were also found by the Central Indicators scanner:

Pivot points : price is under support 1

Type : Neutral

Timeframe : 1 hour

MACD indicator is back under 0

Type : Bearish

Timeframe : 1 hour

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

Near support of channel

Type : Bullish

Timeframe : 1 hour

For a small setback in the very short term, the Central Candlesticks scanner currently notes the presence of this bearish pattern in Japanese candlesticks:

Bearish engulfing lines

Type : Bearish

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2
ProTrendLines	187.05	189.42	191.09	192.42	193.12	195.93
Change (%)	-2.79%	-1.56%	-0.69%	-	+0.36%	+1.82%
Change	-5.37	-3.00	-1.33	-	+0.70	+3.51
Level	Minor	Minor	Minor	-	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
Standard	188.50	190.22	191.32	193.04	194.14	195.86	196.96
Camarilla	191.65	191.90	192.16	192.42	192.68	192.94	193.20
Woodie	188.19	190.07	191.01	192.89	193.83	195.71	196.65
Fibonacci	190.22	191.30	191.96	193.04	194.12	194.78	195.86

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	186.34	189.14	190.78	193.58	195.22	198.02	199.66
Camarilla	191.20	191.61	192.01	192.42	192.83	193.23	193.64
Woodie	185.76	188.85	190.20	193.29	194.64	197.73	199.08
Fibonacci	189.14	190.84	191.88	193.58	195.28	196.32	198.02

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):	39.90
MACD (12,26,9):	-0.1000
Directional Movement:	-11.83
AROON (14):	-78.57
DEMA (21):	193.99
Parabolic SAR (0,02-0,02-0,2):	195.04
Elder Ray (13):	-1.17
Super Trend (3,10):	195.21
Zig ZAG (10):	192.19
VORTEX (21):	0.8600
Stochastique (14,3,5):	8.76
TEMA (21):	192.76
Williams %R (14):	-94.23
Chande Momentum Oscillator (20):	-3.28
Repulse (5,40,3):	-0.6000
ROCnROLL:	-1
TRIX (15,9):	0.0300
Courbe Coppock:	2.16

MA7:	192.91
MA20:	188.21
MA50:	190.84
MA100:	183.50
MAexp7:	193.10
MAexp20:	193.79
MAexp50:	192.38
MAexp100:	190.65
Price / MA7:	-0.25%
Price / MA20:	+2.24%
Price / MA50:	+0.83%
Price / MA100:	+4.86%
Price / MAexp7:	-0.47%
Price / MAexp20:	-0.83%
Price / MAexp50:	-0.10%
Price / MAexp100:	+0.81%

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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