REDAEL

Technical analysis APPLE INC. H1

Long
NASDAQ:AAPL   Apple Inc
TRENDS
Short term: HIGHLY UP MY GOALS : 320.11 USD (+ 3.22%) / 327.20 USD (+ 5.50%)
Background: HIGHLY UP

83% UP / 0% SELL / 17% NEUTRAL

MY OPINION
UP ABOVE USD: 302.64

MY ANALYSIS:
The uptrend is currently very strong on APPLE INC .. As long as the price remains above the support at 302.64 USD, we could seek to profit from the surge. The first bullish target is located at 320.11 USD. The upward momentum would be revived by a break in this resistance. Buyers would then target the next resistance located at 327.20 USD. Be careful, given the powerful bullish rally underway, excesses could lead to a possible short-term correction. If this is the case, remember that trading against the trend may be more risky. It would seem more relevant to wait for a signal to resume the trend.

The listing of APPLE INC. is 310.13 USD. The price recorded an increase of + 2.10% on the session and traded between 304.29 USD and 310.35 USD. This implies that the price is located at + 1.92% of its lowest and at -0.07% of its highest.

Technical analysis of this 1H graph from APPLE INC. indicates that the overall trend is strongly upward. 92.86% of the signals sent by moving averages are bullish. The overall trend is reinforced by the strong bullish signals given by the short-term moving averages. The Indicators scanner does not detect any detection on the moving averages that would impact this trend.
The study on technical indicators highlights a strong bullish signal.

Technical indicators:

RSI (14): 73.41
MACD (12,26,9): 3.1500
Directional Movement: 16.62
AROON (14): 100.00
DEMA (21): 308.67
Parabolic SAR (0,02-0,02-0,2): 304.43
Elder Ray (13): 2.98
Super Trend (3,10): 303.19
Zig ZAG (10): 310.13
VORTEX (21): 1.1100
Stochastique (14,3,5): 89.99
TEMA (21): 308.93
Williams %R (14): -2.63
Chande Momentum Oscillator (20): 7.24
Repulse (5,40,3): 1.2500
ROCnROLL: 1
TRIX (15,9): 0.1500
Courbe Coppock: 3.47

Moving Averages:

MM7: 298.30
MM20: 286.56
MM50: 271.23
MM100: 288.85
MMexp7: 307.53
MMexp20: 304.44
MMexp50: 298.45
MMexp100: 290.89
Cours / MM7: +3.97%
Cours / MM20: +8.23%
Cours / MM50: +14.34%
Cours / MM100: +7.37%
Cours / MMexp7: +0.85%
Cours / MMexp20: +1.87%
Cours / MMexp50: +3.91%
Cours / MMexp100: +6.61%



Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.