Move cursor over the icon to see details.
|It was a second consecutive positive week for the Apple Computer (AAPL). During the week, the AAPL gained 4.76 points, or 2.59%, and closed at 188.59 on Friday, May 11, 2018. AAPL was trading at average weekly trading volume. |
AAPL is a member of Technology Sector. Technology is the second most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
Long-term trend: [See AAPL long-term trend chart]
A long-term uptrend had started on April 27, 2018 at 160.63 and reached 190.37 on May 10, 2018. AAPL gained -29.74 points, or -18.51%, in 1 weeks. The price is now at the 5.99% retracement level.
Medium-term trend: [See AAPL medium-term trend chart]
A medium-term uptrend had started on May 12, 2016 at 89.47 and reached 190.37 on May 10, 2018. AAPL gained -100.90 points, or -112.78%, in 104 weeks. Price is near the trend high.
Weekly Technical Indicators: [See AAPL weekly technical indicators chart]
Weekly Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought weekly overbought Williams' Percentage Range. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Williams' Percentage Range help.
During the last week, weekly MACD line has moved above its signal line. Such crossover is considered a bullish signal. Use the following link to access a MACD help.
Short-term trend: [See AAPL short-term trend chart]
A short-term uptrend had started on April 27, 2018 at 160.63 and reached 190.37 on May 10, 2018. AAPL gained -29.74 points, or -18.51%, in 13 days. The price is now at the 5.99% retracement level.
Daily Technical Indicators: [See AAPL daily technical indicators chart]
Daily Relative Strength Index is overbought while Williams' Percentage Range and Lane's Stochastic are strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Relative Strength Index or strongly overbought daily Williams' Percentage Range and Lane's Stochastic. Use the following links to access Lane's Stochastic and Relative Strength Index help.
The daily MACD line is above its signal line since May 1, 2018. This is an indication that the short-term trend is up. The distance between MACD and the signal line is near its high and getting bigger. It indicates that the current short-term uptrend is strong.
The distance between the Bollinger Bands is 120.76% higher then one year average. It indicates the period of high volatility of the stock price. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
During the last week, the 20 Day Moving Average has advanced above the 50 Day Moving Average. Such crossover is considered a bullish signal. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.