APPLE INC (AAPL) Stock Technical Analysis
NASDAQ:AAPL - Nasdaq - US0378331005 - Common Stock - Currency: USD
Overall AAPL gets a technical rating of 1 out of 10. AAPL scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, AAPL is a bad performer in the overall market: 73% of all stocks are doing better.
AAPL has an average volume of 64166700 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 32 other stocks in this industry, AAPL did better than 61% of them.
AAPL is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so AAPL is lagging the market slightly.
In the last month AAPL has a been trading in the 193.46 - 213.94 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
AAPL has a poor technical rating and the quality of the setup is also only medium at the moment. Prices have been consolidating lately.
More info and screens
186.49
215.46
We found 3 important support areas.
- Support @199.83 from a trend line in the weekly time frame.
- A support zone ranging from 193.06 to 193.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @188.37 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 201.52 to 206.86. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 211.27 to 213.33. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | DOWN | NEGATIVE | The long term trend for AAPL is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for AAPL is neutral. |
| ChartMill Relative Strength | 27.56 | NEGATIVE | AAPL has a low relative strength, it was outperformed by 72.44% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of AAPL is below the rising 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) | DOWN | NEGATIVE | The current price of AAPL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.96 | NEUTRAL | The RSI value for AAPL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.12 | POSITIVE | The MACD value suggests AAPL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 52.01 | NEUTRAL | The Stochastics value for AAPL is a neutral value. |
| Average True Range in percent/ATR (20) | 2.44 | MEDIUM VOLATILITY | The ATR as a percentage value for AAPL suggests some volalility. |
| Average Directional Index/ADX (14) | 15.19 | NEGATIVE | The low ADX value for AAPL suggests a weak or negative 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)
201.45
-2.47 (-1.21%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryTechnology Hardware, Storage & Peripherals
Performance
% Chg-1.21%
1 Week-0.12%
2 Weeks3.16%
1 Month1.47%
3 Month-5.64%
6 Month-18.81%
12 Month-5.2%
2 Year3.86%
3 Year47.34%
5 Year120.89%
10 Year542.43%
15 Year2142.52%
Volatility
ATR(14)4.6
ATR(20)%2.44%
ATR Inc22.44%
Range Today5.98
ADR(20)4.03
ADR(20)%2%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS27.56
Mansfield-1.39
10 Day High206.24
10 Day Low196.78
20 Day High213.94
20 Day Low193.46
52 Week High260.1
52 Week Low169.21
CS1 End199.83
CR1 Start201.52
Volume & EV
DER(3)-0.98%
DER(5)0.06%
Volume72.86M
Volume Incr-1.33%
Vol(5)52.94M
Vol(50)64.17M