APPLE INC.

- USD (-)

- 15 min delayed data - NASDAQ Stocks

Open:	-
Change:	-
Volume:	-

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Type:	Stocks
Ticker:	AAPL
ISIN:

APPLE INC. - 1H - Technical analysis published on 05/03/2024 (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

83%

17%

My opinion

Bullish above 179.72 USD

My targets

189.21 USD (+2.72%)

197.13 USD (+7.02%)

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 179.72 USD. The buyers' bullish objective is set at 189.21 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 197.13 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

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

8.8

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.

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Additional analysis

Quotes

The APPLE INC. rating is 184.20 USD. On the day, this instrument gained +6.46% and was traded between 182.66 USD and 187.00 USD over the period. The price is currently at +0.84% from its lowest and -1.50% from its highest.

182.66

187.00

184.20

The Central Gaps scanner detects the formation of a bullish gap marking the strong presence of buyers against sellers at the opening. This formed a quotation gap.

Opening Gap UP

Type : Bullish

Timeframe : Openning

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

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

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of this 1H chart of APPLE INC. indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

In fact, 15 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

RSI indicator is overbought : over 80

Type : Neutral

Timeframe : 1 hour

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

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

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : 1 hour

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Weekly

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

Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:

Doji

Type : Neutral

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2
ProTrendLines	176.03	178.36	179.72	184.20	189.21	197.13
Change (%)	-4.44%	-3.17%	-2.43%	-	+2.72%	+7.02%
Change	-8.17	-5.84	-4.48	-	+5.01	+12.93
Level	Minor	Minor	Major	-	Intermediate	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	168.96	169.92	171.48	172.44	174.00	174.96	176.52
Camarilla	172.34	172.57	172.80	173.03	173.26	173.49	173.72
Woodie	169.25	170.07	171.77	172.59	174.29	175.11	176.81
Fibonacci	169.92	170.89	171.48	172.44	173.41	174.00	174.96

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	159.03	161.90	165.60	168.47	172.17	175.04	178.74
Camarilla	167.49	168.10	168.70	169.30	169.90	170.51	171.11
Woodie	159.45	162.11	166.02	168.68	172.59	175.25	179.16
Fibonacci	161.90	164.41	165.96	168.47	170.98	172.53	175.04

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	149.19	156.63	163.48	170.92	177.77	185.21	192.06
Camarilla	166.40	167.71	169.02	170.33	171.64	172.95	174.26
Woodie	148.90	156.48	163.19	170.77	177.48	185.06	191.77
Fibonacci	156.63	162.09	165.46	170.92	176.38	179.75	185.21

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):	80.37
MACD (12,26,9):	2.9400
Directional Movement:	36.48
AROON (14):	57.14
DEMA (21):	179.40
Parabolic SAR (0,02-0,02-0,2):	171.25
Elder Ray (13):	6.81
Super Trend (3,10):	178.29
Zig ZAG (10):	184.64
VORTEX (21):	0.9800
Stochastique (14,3,5):	86.91
TEMA (21):	181.49
Williams %R (14):	-13.41
Chande Momentum Oscillator (20):	12.14
Repulse (5,40,3):	-0.0500
ROCnROLL:	1
TRIX (15,9):	0.1100
Courbe Coppock:	10.08

MA7:	172.83
MA20:	170.57
MA50:	172.41
MA100:	180.70
MAexp7:	180.69
MAexp20:	176.20
MAexp50:	173.23
MAexp100:	171.72
Price / MA7:	+6.58%
Price / MA20:	+7.99%
Price / MA50:	+6.84%
Price / MA100:	+1.94%
Price / MAexp7:	+1.94%
Price / MAexp20:	+4.54%
Price / MAexp50:	+6.33%
Price / MAexp100:	+7.27%

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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