Overall AAPL gets a technical rating of 1 out of 10. AAPL has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The technical rating of AAPL is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
205.94
2 important support areas can be observed.
When analyzing the resistance we notice 3 important areas.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for AAPL is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for AAPL is down. |
| ChartMill Relative Strength | 50.8 | NEUTRAL | AAPL is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AAPL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of AAPL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AAPL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 22.27 | OVERSOLD | The low RSI value suggests AAPL may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.51 | NEGATIVE | The MACD value suggests AAPL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 14.35 | OVERSOLD | The low Stochastics value suggests AAPL may be oversold. |
| Average True Range in percent/ATR (20) | 1.84 | LOW VOLATILITY | The low ATR as a percentage value for AAPL suggests low volalility. |
| Average Directional Index/ADX (14) | 31.91 | POSITIVE | The high ADX value value for AAPL suggests a strong trend. |
248.04
-0.31 (-0.12%)
ChartMill assigns a technical rating of 1 / 10 to AAPL.
The current trend direction for APPLE INC (AAPL) is Bearish.
APPLE INC (AAPL) has an RSI value of 22.2741. This indicates that the stock is currently oversold.
The MACD indicator for APPLE INC (AAPL) has a value of -1.50815, indicating a bearish trend.