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APPLE INC.
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 08/28/2024 (GMT)

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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%
6%
28%
My opinion
Bullish above 221.82 USD
My targets
234.55 USD (+2.92%)
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 221.82 USD. The buyers' bullish objective is set at 234.55 USD. A bullish break in this resistance would boost the bullish momentum. 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
0
10
8

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.

Londinia
This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

The APPLE INC. price is 227.90 USD. The price is lower by -0.06% since the last closing and was between 227.64 USD and 229.86 USD. This implies that the price is at +0.11% from its lowest and at -0.85% from its highest.

227.64
229.86
227.90

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

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

The probability of a further increase are moderate given the direction of the technical indicators.
But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour

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

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Central Patterns

Near resistance of channel

Type : Bearish

Timeframe : 1 hour



From the Japanese candlestick perspective, the Central Candlesticks scanner notes the presence of these results that could impact the short-term trend:

Central Candlesticks

Black gravestone / inverted hammer

Type : Bearish

Timeframe : 1 hour


Doji

Type : Neutral

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
Price


S3S2S1PriceR1
ProTrendLines 215.69 221.82 227.31 227.90 234.55
Change (%) -5.36% -2.67% -0.26% - +2.92%
Change -12.21 -6.08 -0.59 - +6.65
Level 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
Standard221.70223.30225.66227.26229.62231.22233.58
Camarilla226.94227.30227.67228.03228.39228.76229.12
Woodie222.09223.49226.05227.45230.01231.41233.97
Fibonacci223.30224.81225.74227.26228.77229.70231.22


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard218.51220.77223.81226.07229.11231.37234.41
Camarilla225.38225.87226.35226.84227.33227.81228.30
Woodie218.89220.97224.19226.27229.49231.57234.79
Fibonacci220.77222.80224.05226.07228.10229.35231.37


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard184.72198.19210.01223.48235.30248.77260.59
Camarilla214.87217.18219.50221.82224.14226.46228.78
Woodie183.89197.78209.18223.07234.47248.36259.76
Fibonacci198.19207.85213.82223.48233.14239.11248.77

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): 60.12
MACD (12,26,9): 0.7300
Directional Movement: 10.48
AROON (14): 100.00
DEMA (21): 228.23
Parabolic SAR (0,02-0,02-0,2): 225.16
Elder Ray (13): 1.33
Super Trend (3,10): 225.32
Zig ZAG (10): 228.61
VORTEX (21): 1.0900
Stochastique (14,3,5): 79.94
TEMA (21): 228.48
Williams %R (14): -24.44
Chande Momentum Oscillator (20): 2.36
Repulse (5,40,3): -0.2300
ROCnROLL: 1
TRIX (15,9): 0.0300
Courbe Coppock: 2.11
MA7: 226.80
MA20: 220.89
MA50: 220.76
MA100: 202.37
MAexp7: 228.10
MAexp20: 227.33
MAexp50: 225.99
MAexp100: 224.16
Price / MA7: +0.49%
Price / MA20: +3.17%
Price / MA50: +3.23%
Price / MA100: +12.62%
Price / MAexp7: -0.09%
Price / MAexp20: +0.25%
Price / MAexp50: +0.85%
Price / MAexp100: +1.67%

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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