APPLE INC (AAPL) Stock Technical Analysis
NASDAQ:AAPL - Nasdaq - US0378331005 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to AAPL. 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.
When comparing the yearly performance of all stocks, AAPL is a bad performer in the overall market: 74% of all stocks are doing better.
AAPL is one of the lesser performing stocks in the Technology Hardware, Storage & Peripherals industry. 61% of 32 stocks in the same industry do better.
In the last month AAPL has a been trading in the 201.50 - 216.23 range, which is quite wide. It is currently trading near the lows of this range.
AAPL has an average volume of 53863400 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
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.
The technical rating of AAPL is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
186.49
216.55
3 important support areas can be observed.
- Support @196.33 from a trend line in the weekly time frame.
- Support @193.16 from a horizontal line in the daily time frame.
- Support @188.37 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 210.84 to 214.41. This zone is formed by a combination of multiple trend lines and important moving averages 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 | NEUTRAL | NEUTRAL | The long term trend for AAPL is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for AAPL is neutral. |
| ChartMill Relative Strength | 26.04 | NEGATIVE | AAPL has a low relative strength, it was outperformed by 73.96% off all stocks 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) | DOWN | NEGATIVE | The current price of AAPL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 35.45 | NEUTRAL | The RSI value for AAPL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.19 | NEGATIVE | The MACD value suggests AAPL has a negative trend. |
| Stochastics (14,3) | 9.75 | OVERSOLD | The low Stochastics value suggests AAPL may be oversold. |
| Average True Range in percent/ATR (20) | 1.85 | LOW VOLATILITY | The low ATR as a percentage value for AAPL suggests low volalility. |
| Average Directional Index/ADX (14) | 19.45 | 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)
202.38
-5.19 (-2.5%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryTechnology Hardware, Storage & Peripherals
Performance
% Chg-2.5%
1 Week-5.38%
2 Weeks-4.17%
1 Month-5.23%
3 Month-1.45%
6 Month-14.25%
12 Month-7.95%
2 Year7.72%
3 Year28.72%
5 Year56.84%
10 Year617.91%
15 Year2230.99%
Volatility
ATR(14)3.61
ATR(20)%1.85%
ATR Inc145.99%
Range Today12.08
ADR(20)3.67
ADR(20)%1.81%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS26.04
Mansfield-1.46
10 Day High215.78
10 Day Low201.5
20 Day High216.23
20 Day Low201.5
52 Week High260.1
52 Week Low169.21
CS1 End196.33
CR1 Start210.84
Volume & EV
DER(3)-1.74%
DER(5)-1.61%
Volume104.43M
Volume Incr24.29%
Vol(5)63.98M
Vol(50)53.86M