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About Chart
Golden Star
The Golden Star is a refined bullish signal based on the Golden Cross, developed by Jim Stromberg, incorporating additional time frame-specific moving averages and precise price line crossings. This signal is effective for liquid stocks, highlighting short-term upward momentum.
Death Star
The Death Star, developed by Jim Stromberg, is the bearish counterpart to the Golden Star, serving as a sell signal. It is triggered by specific moving average crossings on the price line, indicating a likely prolonged decline in the stock.
Golden Cross
The Golden Cross is a bullish signal where the short-term moving average crosses above the long-term moving average, indicating potential upward momentum.
Death Cross
The Death Cross is a bearish signal where the short-term moving average crosses below the long-term moving average, indicating potential downward momentum.
Pivot Bottom
A Pivot Bottom is a significant low point identified by algorithms developed by StockInvest.us. While it may indicate a short-term directional change, it does not necessarily imply a complete trend reversal. Pivot Bottoms are marked as green circles on the price line.
Pivot Top
A Pivot Top represents a significant high point identified by algorithms developed by StockInvest.us. Similar to Pivot Bottoms, it may suggest a short-term directional change within the main trend, rather than a full trend reversal. Pivot Tops are marked as red circles on the price line.
RSI Oversold
RSI oversold indicates that a stock has declined significantly and may be undervalued, potentially presenting a buying opportunity. This condition is marked by a green line on the chart but should be confirmed with other indicators before taking action.
RSI Overbought
RSI overbought suggests that a stock has risen rapidly and may be due for a pullback. It is marked by a red line on the chart, signaling increased risk. This doesn’t necessarily mean it’s time to sell, but it’s important to monitor closely.
Accumulated Volume
The bars indicate how much stock has been traded on each price during the chart period.
Buy Signal (MA)
A buy signal generated when short-term moving averages cross long-term moving averages in an upward direction.
Sell Signal (MA)
A sell signal generated when short-term moving averages cross long-term moving averages in a downward direction.
AI Analysis of AAPL
| Stock Analysis |
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| Risk Assessment |
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| Trading Strategy |
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Green day on Wednesday for Apple
(Updated on Sep 18, 2024)
Hold candidate since Sep 17, 2024
Gain 1.80%
The stock lies in the middle of a wide and weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 2.02% during the next 3 months and, with a 90% probability hold a price between $213.75 and $243.07 at the end of this 3-month period.
AAPL Signals & Forecast
There are mixed signals in the stock today. The Apple stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at $221.36. On a fall, the stock will find some support from the short-term average at $220.26. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. A sell signal was issued from a pivot top point on Thursday, August 29, 2024, and so far it has fallen -3.96%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume is rising along with the price. This is considered to be a good technical signal.
Support, Risk & Stop-loss for Apple stock
Apple finds support from accumulated volume at $219.86 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved $5.16 between high and low, or 2.37%. For the last week the stock has had daily average volatility of 1.53%.
Our recommended stop-loss: $209.67 (-4.99%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 30 days ago.)
Trading Expectations (AAPL) For The Upcoming Trading Day Of Thursday 19th
For the upcoming trading day on Thursday, 19th we expect Apple Inc. to open at $220.31, and during the day (based on 14 day Average True Range), to move between $215.84 and $225.54, which gives a possible trading interval of +/-$4.85 (+/-2.20%) up or down from last closing price. If Apple Inc. takes out the full calculated possible swing range there will be an estimated 4.39% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $220.91 (0.10%) than the support at $219.86 (0.38%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.
Is Apple Inc. stock A Buy?
Apple holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.
Current score:
0.674
Hold/Accumulate
Unchanged
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Predicted Fair Opening Price
Predicted fair opening price on September 19, 2024 - $220.31 ( 0.172%). The predicted opening price is based on yesterday's movements between high, low, and closing price.Trading levels for AAPL
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 225.47 | 2.17% |
| R2 | 223.50 | 1.27% |
| R1 | 222.28 | 0.721% |
| Price | 220.69 | |
| S1 | 218.34 | -1.07% |
| S2 | 217.12 | -1.62% |
| S3 | 215.15 | -2.51% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 224.18 | 1.58% |
| R2 | 222.77 | 0.94% |
| R1 | 220.91 | 0.0997% |
| Price | 220.69 | |
| S1 | 219.86 | -0.376% |
| S2 | 209.27 | -5.17% |
| S3 | 207.49 | -5.98% |
AAPL Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Aug 01, 2024 | Aug 12, 2024 | Aug 15, 2024 | $0.250 | 0.111% |
| 2 | May 02, 2024 | May 10, 2024 | May 16, 2024 | $0.250 | 0.132% |
| 3 | Feb 01, 2024 | Feb 09, 2024 | Feb 15, 2024 | $0.240 | 0.131% |
| 4 | Nov 02, 2023 | Nov 10, 2023 | Nov 16, 2023 | $0.240 | 0.127% |
| 5 | Aug 03, 2023 | Aug 11, 2023 | Aug 17, 2023 | $0.240 | 0.138% |
FAQ
Click here for our free guide on how to buy Apple Stock.
