APPLE INC. - 1H - Technical analysis published on 09/17/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
28%
50%
22%
My opinion
Bearish under 224.57 USD
My targets
213.93 USD (-1.07%)
211.63 USD (-2.14%)
My analysis
The bearish trend is currently very strong for APPLE INC.. As long as the price remains below the resistance at 224.57 USD, you could try to take advantage of the bearish rally. The first bearish objective is located at 213.93 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 211.63 USD as an objective. Crossing it would then enable sellers to target 207.04 USD. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
6.8
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The APPLE INC. price is 216.25 USD. The price registered a decrease of -0.03% on the session and was traded between 214.50 USD and 216.90 USD over the period. The price is currently at +0.82% from its lowest and -0.30% from its highest.214.50
216.90
216.25
A study of price movements over other periods shows the following variations:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in 1H of this APPLE INC. chart shows a sharp bearish trend. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
On the 18 technical indicators analysed, 5 are bullish, 4 are neutral and 9 are bearish. Caution: the Central Indicators scanner currently detects an excess:
RSI indicator: bullish divergence
Type : Bullish
Timeframe : 1 hour
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
The presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:
Bullish engulfing lines
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 207.04 | 211.63 | 213.93 | 216.25 | 216.68 | 224.57 | 228.30 |
Change (%) | -4.26% | -2.14% | -1.07% | - | +0.20% | +3.85% | +5.57% |
Change | -9.21 | -4.62 | -2.32 | - | +0.43 | +8.32 | +12.05 |
Level | Major | Minor | Major | - | Minor | Intermediate | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 211.12 | 212.52 | 214.42 | 215.82 | 217.72 | 219.12 | 221.02 |
Camarilla | 215.41 | 215.72 | 216.02 | 216.32 | 216.62 | 216.93 | 217.23 |
Woodie | 211.37 | 212.65 | 214.67 | 215.95 | 217.97 | 219.25 | 221.27 |
Fibonacci | 212.52 | 213.78 | 214.56 | 215.82 | 217.08 | 217.86 | 219.12 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 210.80 | 213.75 | 218.13 | 221.08 | 225.46 | 228.41 | 232.79 |
Camarilla | 220.48 | 221.16 | 221.83 | 222.50 | 223.17 | 223.84 | 224.52 |
Woodie | 211.51 | 214.11 | 218.84 | 221.44 | 226.17 | 228.77 | 233.50 |
Fibonacci | 213.75 | 216.55 | 218.28 | 221.08 | 223.88 | 225.61 | 228.41 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 168.39 | 182.08 | 205.54 | 219.23 | 242.69 | 256.38 | 279.84 |
Camarilla | 218.78 | 222.19 | 225.60 | 229.00 | 232.41 | 235.81 | 239.22 |
Woodie | 173.28 | 184.52 | 210.43 | 221.67 | 247.58 | 258.82 | 284.73 |
Fibonacci | 182.08 | 196.27 | 205.04 | 219.23 | 233.42 | 242.19 | 256.38 |
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): | 36.81 | |
MACD (12,26,9): | -1.4900 | |
Directional Movement: | -20.19 | |
AROON (14): | -21.42 | |
DEMA (21): | 216.64 | |
Parabolic SAR (0,02-0,02-0,2): | 220.91 | |
Elder Ray (13): | -1.30 | |
Super Trend (3,10): | 220.55 | |
Zig ZAG (10): | 216.22 | |
VORTEX (21): | 0.9900 | |
Stochastique (14,3,5): | 22.73 | |
TEMA (21): | 215.54 | |
Williams %R (14): | -77.26 | |
Chande Momentum Oscillator (20): | -7.45 | |
Repulse (5,40,3): | 0.3000 | |
ROCnROLL: | 2 | |
TRIX (15,9): | -0.0700 | |
Courbe Coppock: | 6.22 |
MA7: | 220.19 | |
MA20: | 223.66 | |
MA50: | 222.54 | |
MA100: | 209.26 | |
MAexp7: | 216.50 | |
MAexp20: | 218.36 | |
MAexp50: | 220.12 | |
MAexp100: | 221.40 | |
Price / MA7: | -1.79% | |
Price / MA20: | -3.31% | |
Price / MA50: | -2.83% | |
Price / MA100: | +3.34% | |
Price / MAexp7: | -0.12% | |
Price / MAexp20: | -0.97% | |
Price / MAexp50: | -1.76% | |
Price / MAexp100: | -2.33% |
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
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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