APPLE INC.

- USD (-)

- 15 min delayed data - NASDAQ Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	AAPL
ISIN:

APPLE INC. - Weekly - Technical analysis published on 02/03/2024 (GMT)

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Timeframe : Weekly
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Bullish

Underlying: Strongly bullish

Technical indicators

28%

22%

50%

My opinion

Bullish above 179.95 USD

My targets

195.93 USD (+5.42%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on APPLE INC. as long as the price remains well above 179.95 USD. The buyers' bullish objective is set at 195.93 USD. A bullish break in this resistance would boost the bullish momentum. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible overbought items that could be a sign of a possible short-term correction.

Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.

Force

4.5

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

Additional analysis

Quotes

APPLE INC. rating 185.85 USD. The price is lower by -3.41% over the 5 days and was traded between 179.25 USD and 191.80 USD over the period. The price is currently at +3.68% from its lowest point and -3.10% from its highest point.

179.25

191.80

185.85

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

Opening Gap DOWN

Type : Bearish

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 (1st january)

Type : Bullish

Timeframe : Weekly

New LOW record (1st january)

Type : Bearish

Timeframe : Weekly

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

New LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

A technical analysis in Weekly of this APPLE INC. chart shows a strongly bullish trend. 82.14% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages indicate this trend is showing signs of running out of steam. An assessment of moving averages reveals a bearish signal that could impact this trend:

Bearish price crossover with adaptative moving average 20

Type : Bearish

Timeframe : Weekly

The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
But beware of excesses. The Central Indicators scanner currently detects this:

MACD indicator: bearish divergence

Type : Bullish

Timeframe : Weekly

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Pivot points : price is under support 3

Type : Neutral

Timeframe : Weekly

Parabolic SAR indicator bearish reversal

Type : Bearish

Timeframe : Weekly

Momentum indicator is back under 0

Type : Bearish

Timeframe : Weekly

The analysis of the price chart with Central Patterns scanners does not return any result.

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bearish signal that could support the hypothesis of a small drop in the very short term:

Black evening star

Type : Bearish

Timeframe : Weekly

ProTrendLines

Price

	S3	S2	S1	Price	R1
ProTrendLines	132.16	166.67	179.95	185.85	195.93
Change (%)	-28.89%	-10.32%	-3.17%	-	+5.42%
Change	-53.69	-19.18	-5.90	-	+10.08
Level	Minor	Major	Major	-	Major

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	172.88	176.06	180.96	184.14	189.04	192.22	197.12
Camarilla	183.63	184.37	185.11	185.85	186.59	187.33	188.07
Woodie	173.73	176.49	181.81	184.57	189.89	192.65	197.97
Fibonacci	176.06	179.15	181.06	184.14	187.23	189.14	192.22

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	161.38	170.77	177.59	186.98	193.80	203.19	210.01
Camarilla	179.94	181.43	182.91	184.40	185.89	187.37	188.86
Woodie	160.09	170.13	176.30	186.34	192.51	202.55	208.72
Fibonacci	170.77	176.97	180.79	186.98	193.18	197.00	203.19

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):	51.36
MACD (12,26,9):	3.5600
Directional Movement:	-4.00
AROON (14):	50.00
DEMA (21):	191.23
Parabolic SAR (0,02-0,02-0,2):	199.62
Elder Ray (13):	-2.17
Super Trend (3,10):	173.54
Zig ZAG (10):	185.85
VORTEX (21):	1.0400
Stochastique (14,3,5):	70.74
TEMA (21):	190.42
Williams %R (14):	-43.11
Chande Momentum Oscillator (20):	-0.55
Repulse (5,40,3):	0.3200
ROCnROLL:	-1
TRIX (15,9):	0.3100
Courbe Coppock:	14.85

MA7:	189.07
MA20:	188.16
MA50:	190.65
MA100:	183.80
MAexp7:	188.84
MAexp20:	186.18
MAexp50:	177.90
MAexp100:	165.66
Price / MA7:	-1.70%
Price / MA20:	-1.23%
Price / MA50:	-2.52%
Price / MA100:	+1.12%
Price / MAexp7:	-1.58%
Price / MAexp20:	-0.18%
Price / MAexp50:	+4.47%
Price / MAexp100:	+12.19%

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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