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 10/09/2024 (GMT)

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  • Timeframe : 1H
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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Bullish
Technical indicators
89%
0%
11%
My opinion
Bullish above 228.03 USD
My targets
233.03 USD (+1.52%)
234.55 USD (+2.18%)
My analysis
APPLE INC. is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 228.03 USD. The next resistance located at 233.03 USD is the next bullish target to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 234.55 USD.

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
7.5

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 Jaber300. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

APPLE INC. rating 229.54 USD. On the day, this instrument gained +1.67% and was traded between 224.83 USD and 229.75 USD over the period. The price is currently at +2.09% from its lowest and -0.09% from its highest.

224.83
229.75
229.54

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



Here is a more detailed summary of the historical variations registered by APPLE INC.:
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


Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of this 1H chart of APPLE INC. indicates that the overall trend is bullish. 78.57% of the signals given by moving averages are bullish. The overall trend is reinforced by the strong bullish signals from short-term moving averages. An assessment of moving averages reveals a bullish signal that could impact this trend:

Central Indicators

Moving Average bullish crossovers : MA20 & MA50

Type : Bullish

Timeframe : 1 hour



In fact, 16 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour


CCI indicator: bearish divergence

Type : Bearish

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:

Central Indicators

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : 1 hour


Price is back over the pivot point

Type : Bullish

Timeframe : Weekly



An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour


Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour



The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 224.03 225.92 228.03 229.54 229.84 233.03 234.55
Change (%) -2.40% -1.58% -0.66% - +0.13% +1.52% +2.18%
Change -5.51 -3.62 -1.51 - +0.30 +3.49 +5.01
Level Intermediate Minor Intermediate - Minor Major 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
Standard221.41223.12226.33228.04231.25232.96236.17
Camarilla228.19228.64229.09229.54229.99230.44230.89
Woodie222.16223.50227.08228.42232.00233.34236.92
Fibonacci223.12225.00226.16228.04229.92231.08232.96


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard212.23217.63222.21227.61232.19237.59242.17
Camarilla224.06224.97225.89226.80227.72228.63229.55
Woodie211.83217.43221.81227.41231.79237.39241.77
Fibonacci217.63221.44223.79227.61231.42233.77237.59


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard201.08207.50220.25226.67239.42245.84258.59
Camarilla227.73229.49231.24233.00234.76236.52238.27
Woodie204.25209.08223.42228.25242.59247.42261.76
Fibonacci207.50214.82219.35226.67233.99238.52245.84

Numerical data


The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators
Moving averages

RSI (14): 67.80
MACD (12,26,9): 0.9900
Directional Movement: 18.38
AROON (14): 100.00
DEMA (21): 227.72
Parabolic SAR (0,02-0,02-0,2): 225.10
Elder Ray (13): 1.90
Super Trend (3,10): 225.53
Zig ZAG (10): 229.56
VORTEX (21): 1.0200
Stochastique (14,3,5): 95.58
TEMA (21): 228.86
Williams %R (14): -1.87
Chande Momentum Oscillator (20): 4.52
Repulse (5,40,3): 0.8000
ROCnROLL: 1
TRIX (15,9): 0.0200
Courbe Coppock: 3.82
MA7: 226.09
MA20: 225.35
MA50: 223.08
MA100: 216.85
MAexp7: 228.35
MAexp20: 226.73
MAexp50: 226.22
MAexp100: 225.94
Price / MA7: +1.53%
Price / MA20: +1.86%
Price / MA50: +2.90%
Price / MA100: +5.85%
Price / MAexp7: +0.52%
Price / MAexp20: +1.24%
Price / MAexp50: +1.47%
Price / MAexp100: +1.59%

Quotes : - 15 min delayed data - NASDAQ Stocks

This member declared not having a position on this financial instrument or a related financial instrument.

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