APPLE INC. - 15 min. - Technical analysis published on 08/27/2024 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
67%
0%
33%
My opinion
Bullish above 226.12 USD
My targets
229.51 USD (+0.42%)
231.73 USD (+1.40%)
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 226.12 USD. The buyers' bullish objective is set at 229.51 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 231.73 USD. If there is any crossing, the next objective would be the resistance located at 234.55 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8.2
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Additional analysis
Quotes
The APPLE INC. price is 228.54 USD. The price registered an increase of +0.60% on the session and was between 224.89 USD and 228.85 USD. This implies that the price is at +1.62% from its lowest and at -0.14% from its highest.224.89
228.85
228.54
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
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
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 15 min. 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 market scanner currently does not detect any result that concerns moving averages.
In fact, 12 technical indicators on 18 studied are currently bullish. Central Indicators, the detector scanner for these technical indicators recently detected a signal:
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 15 minutes
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Near horizontal resistance
Type : Bearish
Timeframe : 15 minutes
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
Price
| S3 | S2 | S1 | Price | R1 | R2 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 214.33 | 221.82 | 227.31 | 228.54 | 230.17 | 234.55 |
| Change (%) | -6.22% | -2.94% | -0.54% | - | +0.71% | +2.63% |
| Change | -14.21 | -6.72 | -1.23 | - | +1.63 | +6.01 |
| Level | Minor | Major | Intermediate | - | Minor | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 221.56 | 222.73 | 224.95 | 226.12 | 228.34 | 229.51 | 231.73 |
| Camarilla | 226.25 | 226.56 | 226.87 | 227.18 | 227.49 | 227.80 | 228.11 |
| Woodie | 222.10 | 222.99 | 225.49 | 226.38 | 228.88 | 229.77 | 232.27 |
| Fibonacci | 222.73 | 224.02 | 224.82 | 226.12 | 227.41 | 228.21 | 229.51 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 218.51 | 220.77 | 223.81 | 226.07 | 229.11 | 231.37 | 234.41 |
| Camarilla | 225.38 | 225.87 | 226.35 | 226.84 | 227.33 | 227.81 | 228.30 |
| Woodie | 218.89 | 220.97 | 224.19 | 226.27 | 229.49 | 231.57 | 234.79 |
| Fibonacci | 220.77 | 222.80 | 224.05 | 226.07 | 228.10 | 229.35 | 231.37 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 184.72 | 198.19 | 210.01 | 223.48 | 235.30 | 248.77 | 260.59 |
| Camarilla | 214.87 | 217.18 | 219.50 | 221.82 | 224.14 | 226.46 | 228.78 |
| Woodie | 183.89 | 197.78 | 209.18 | 223.07 | 234.47 | 248.36 | 259.76 |
| Fibonacci | 198.19 | 207.85 | 213.82 | 223.48 | 233.14 | 239.11 | 248.77 |
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): | 59.16 | |
| MACD (12,26,9): | 0.5300 | |
| Directional Movement: | 4.14 | |
| AROON (14): | 35.71 | |
| DEMA (21): | 228.39 | |
| Parabolic SAR (0,02-0,02-0,2): | 227.55 | |
| Elder Ray (13): | 0.27 | |
| Super Trend (3,10): | 226.46 | |
| Zig ZAG (10): | 228.27 | |
| VORTEX (21): | 1.1100 | |
| Stochastique (14,3,5): | 80.07 | |
| TEMA (21): | 228.60 | |
| Williams %R (14): | -24.70 | |
| Chande Momentum Oscillator (20): | 0.36 | |
| Repulse (5,40,3): | 0.1900 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0400 | |
| Courbe Coppock: | 1.25 |
| MA7: | 226.54 | |
| MA20: | 220.55 | |
| MA50: | 220.52 | |
| MA100: | 201.77 | |
| MAexp7: | 228.18 | |
| MAexp20: | 227.67 | |
| MAexp50: | 226.92 | |
| MAexp100: | 226.43 | |
| Price / MA7: | +0.88% | |
| Price / MA20: | +3.62% | |
| Price / MA50: | +3.64% | |
| Price / MA100: | +13.27% | |
| Price / MAexp7: | +0.16% | |
| Price / MAexp20: | +0.38% | |
| Price / MAexp50: | +0.71% | |
| Price / MAexp100: | +0.93% |
Quotes :
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15 min delayed data
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NASDAQ Stocks
News
The last news published on APPLE INC. at the time of the generation of this analysis was as follows:
- Summary Notice of Pendency and Proposed Settlement of Shareholder Derivative Actions
-
Apple $32 Fined Million For Infringing Qualcomm Patents
-
Apple Infringed Three Qualcomm Patents
- Qualcomm Wins Patent Infringement Case Against Apple in San Diego
-
Apple Is Holding A Big Event This Month
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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