APPLE INC (AAPL) Technical Analysis
NASDAQ:AAPL • US0378331005
Current stock price
266.43 USD
+7.6 (+2.94%)
At close:
266.11 USD
-0.32 (-0.12%)
Pre-Market:
AAPL Technical Rating and Analysis
Overall AAPL gets a technical rating of 7 out of 10. In the last year, AAPL was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, AAPL did better than 72% of all other stocks. We also observe that the gains produced by AAPL over the past year are nicely spread over this period.
- AAPL is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so AAPL is lagging the market slightly.
- In the last month AAPL has a been trading in the 245.51 - 266.56 range, which is quite wide. It is currently trading near the high of this range.
- AAPL has an average volume of 44256700 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- AAPL is part of the Technology Hardware, Storage & Peripherals industry. There are 37 other stocks in this industry, AAPL did better than 63% of them.
AAPL Weekly and Daily overview Charts
AAPL Setup Rating and Analysis
AAPL has an excellent technical rating, but the quality of the setup is only medium 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.
More info and screens
AAPL Support and Resistance Analysis
242.82
289.06
When analyzing the support we can see 2 important areas.
- A support zone ranging from 258.82 to 260.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 245.27 to 254.65. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 269.87 to 273.81. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 278.85 to 278.86. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- A resistance zone ranging from 286.19 to 286.20. This zone is formed by a combination of multiple trend lines in the daily time frame.
AAPL Technical Indicator Signal Analysis
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 | 72.74 | POSITIVE | AAPL has a high relative strength, it outperformed 72.74% off all stocks 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) | DOWN | MIXED | The current price of AAPL is above 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) | 62.24 | NEUTRAL | The RSI value for AAPL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.56 | POSITIVE | The MACD value suggests AAPL has a positive trend. |
| Stochastics (14,3) | 87.1 | OVERBOUGHT | The high Stochastics value suggests AAPL may be overbought. |
| Average True Range in percent/ATR (20) | 2.18 | MEDIUM VOLATILITY | The ATR as a percentage value for AAPL suggests some volalility. |
| Average Directional Index/ADX (14) | 15.28 | NEGATIVE | The low ADX value for AAPL suggests a weak or negative trend. |
AAPL Chart- and CandleStick Pattern Analysis
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)
AAPL Technicals: Chart, Performance Metrics, Trend & Indicators
266.43
+7.6 (+2.94%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryTechnology Hardware, Storage & Peripherals
Performance
% Chg2.94%
1 Week2.91%
2 Weeks4.98%
1 Month4.8%
3 Month4.27%
6 Month5.6%
12 Month35.26%
2 Year56.42%
3 Year57.02%
5 Year102.67%
10 Year1036.89%
15 Year2030.65%
Volatility
ATR(14)6.24
ATR(20)%2.18%
ATR Inc14.38%
Range Today8.75
ADR(20)5.35
ADR(20)%2.01%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS72.74
3 months CRS74.89
6 months CRS63.76
Mansfield0.24
10 Day High266.56
10 Day Low245.7
20 Day High266.56
20 Day Low245.51
52 Week High288.62
52 Week Low189.81
CS1 End260.81
CR1 Start269.87
Volume & EV
DER(3)2.68%
DER(5)2.33%
Volume49.91M
Volume Incr-5.87%
Vol(5)38.79M
Vol(50)44.26M
APPLE INC / AAPL TA FAQ
What is the ChartMill technical rating of APPLE INC (AAPL) stock?
ChartMill assigns a technical rating of 7 / 10 to AAPL.
Can you provide the trend direction for APPLE INC?
The current trend direction for APPLE INC (AAPL) is Bullish.
What is the RSI signal for AAPL stock?
APPLE INC (AAPL) has an RSI value of 62.244. This indicates that the stock is currently neutral.
Can you provide the short term momentum for APPLE INC?
The short term momentum for APPLE INC (AAPL) is positive.
What is the buy/sell signal for AAPL stock?
The buy/sell signal for APPLE INC (AAPL) is buy as both the short term and long term trends are positive.