APPLE INC (AAPL) Stock Technical Analysis
NASDAQ:AAPL - US0378331005 - Common Stock
227.76 USD
+2.86 (+1.27%)
228.08 USD
+0.32 (+0.14%)
Overall AAPL gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, AAPL is only an average performer.
Both the short term and long term trends are positive. This is a very positive sign.
AAPL is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
AAPL has an average volume of 55769600 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, AAPL turns out to be only a medium performer in the overall market: it outperformed 58% of all stocks.
AAPL is part of the Technology Hardware, Storage & Peripherals industry. There are 32 other stocks in this industry, AAPL did better than 58% of them.
AAPL is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so AAPL is lagging the market.
Besides having an excellent technical rating, AAPL also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry.
More info and screens
191.23
234.50
When analyzing the support we can see 3 important areas.
- Support @208.07 from a trend line in the daily time frame.
- Support @202.37 from a horizontal line in the daily time frame.
- A support zone ranging from 193.16 to 197.73. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 229.47 to 232.18. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
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 | UP | POSITIVE | The long term trend for AAPL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AAPL is up. |
| ChartMill Relative Strength | 58.46 | NEUTRAL | AAPL is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AAPL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AAPL is above the rising 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) | 61.46 | NEUTRAL | The RSI value for AAPL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests AAPL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 73.34 | NEUTRAL | The Stochastics value for AAPL is a neutral value. |
| Average True Range in percent/ATR (20) | 2.37 | MEDIUM VOLATILITY | The ATR as a percentage value for AAPL suggests some volalility. |
| Average Directional Index/ADX (14) | 32.07 | POSITIVE | The high ADX value value for AAPL suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
227.76
+2.86 (+1.27%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryTechnology Hardware, Storage & Peripherals
Performance
% Chg1.27%
1 Week-1.65%
2 Weeks-0.69%
1 Month6.49%
3 Month16.64%
6 Month-7.24%
12 Month0.41%
2 Year21.23%
3 Year44.87%
5 Year76.5%
10 Year707.95%
15 Year2523.32%
Volatility
ATR(14)5.45
ATR(20)%2.37%
ATR Inc-44.68%
Range Today3.68
ADR(20)5.02
ADR(20)%2.2%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS58.46
Mansfield-0.67
10 Day High235.12
10 Day Low223.78
20 Day High235.12
20 Day Low201.5
52 Week High260.1
52 Week Low169.21
CS1 End208.07
CR1 Start229.47
Volume & EV
DER(3)0.33%
DER(5)0.45%
Volume42.48M
Volume Incr-39.84%
Vol(5)38.45M
Vol(50)55.77M