The Greedy Trader Weekly Analysis
Sign In Oct 12, 2018
Skip Navigation Links
   Home
   AnalysisExpand    Analysis
   AlertsExpand    Alerts
   Stock PickExpand    Stock Pick
   MembersExpand    Members
   ResourcesExpand    Resources
   About UsExpand    About Us
Number of records: 0
Symbol:  

• Symbol Lookup
• Add to Watch List
• Candlestick Patterns
• Stock Technical Indicators
• Stock Trends Analysis
• Market Sector Rank
• Stock Trading Signals
Apple Computer
Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Williams' Percentage Range and Lane's Stochastic are overboughtStochastic has declined below the signal lineRelative Strength Index, Lane's Stochastic and MACD bearish divergenceBroken trend resistance lineTrend support at 222.71
Daily :Daily  MACD line has moved above its signal line
Move cursor over the icon to see details.

It was the negative week for the Apple Computer (AAPL). During the week, the AAPL gave back -1.45 points, or -0.64%, and closed at 224.29 on Friday, October 05, 2018. AAPL was trading at average weekly trading volume.

Long-term trend: [See AAPL long-term trend chart]
A long-term uptrend had started on May 12, 2016 at 89.47 and reached 233.47 on October 3, 2018. AAPL gained -144.00 points, or -160.95%, in 124 weeks. The chart has formed a Rising Channel chart pattern. The uptrend resistance line (174.50) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a long-term trend.

Medium-term trend: [See AAPL medium-term trend chart]
A medium-term uptrend had started on April 27, 2018 at 160.63 and reached 233.47 on October 3, 2018. AAPL gained -72.84 points, or -45.35%, in 22 weeks. The chart has formed a Rising Channel chart pattern. The price is near the trend support (222.71) line. The support is usually stronger when technical indicators are oversold. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend support line in a medium-term trend.

Weekly Technical Indicators: [See AAPL weekly technical indicators chart]
Weekly Williams' Percentage Range and Lane's Stochastic are overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Williams' Percentage Range and Lane's Stochastic. During the last week, weekly Lane's Stochastic main line (%K) has declined below the overbought signal line (%D). Such crossover is considered a bearish signal. Weekly Relative Strength Index, Lane's Stochastic and MACD have bearish divergence. Use the following links to access the Relative Strength Index, Lane's Stochastic and MACD help, or use the Technical Stock Screener to see the list of stocks with weekly Relative Strength Index, Lane's Stochastic and MACD bearish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal. 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 links to access Lane's Stochastic, Relative Strength Index and Williams' Percentage Range help.

The weekly MACD line is above its signal line since May 4, 2018. This is an indication that the medium-term trend is up. Use the following link to access a MACD help.

Short-term trend: [See AAPL short-term trend chart]
A short-term downtrend had started on October 3, 2018 at 233.47 and reached 220.58 on October 5, 2018. AAPL lost 12.89 points, or 5.52%, in 2 days. The price is now at the 28.78% retracement level.

Daily Technical Indicators: [See AAPL daily technical indicators chart]
Daily technical indicators are neutral.

During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 60.60
Williams' Percentage Range (W%R) 30.30
Lane's Stochastic (%D-Slow) 74.36
Greed/Fear Indicator (GFI) 68.21
Moving Average Converg./Diverg. (MACD) 2.96
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 77.29
Bearish
Williams' Percentage Range (W%R) 10.40
Overbought
Lane's Stochastic (%D-Slow) 83.60
Overbought Bearish
Greed/Fear Indicator (GFI) 78.81
Moving Average Converg./Diverg. (MACD) 10.74 Bearish
Trading Signals
Description Value Chart
Quarterly Trendline Resistance 240.96
Monthly Trendline Resistance 235.96
Upper Bollinger Band 231.62
Daily Stochastic Crossing 229.60
Weekly Stochastic Crossing 228.56
Price 224.29
20 Day Moving Average 223.03
Quarterly Trendline Support 222.71
Parabolic System 221.66
Monthly Trendline Support 220.62
50 Day Moving Average 216.77
Lower Bollinger Band 215.22
Yearly Trendline Resistance 207.68
Sector and Industry
Description Name Rank
Sector Technology 5
Industry Personal Computers 154
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 233.47
High Date 10/03/2018
Low 220.58
Low Date 10/05/2018
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 233.47
High Date 10/03/2018
Low 220.58
Low Date 10/05/2018
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Valid
Resistance 235.96
Support 220.62
Low 215.30
Low Date 09/19/2018
High 233.47
High Date 10/03/2018
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Rising Channel
Status Test Support
Resistance 240.96
Support 222.71
Low 160.63
Low Date 04/27/2018
High 233.47
High Date 10/03/2018
Description Value
Direction Up
Chart Pattern Rising Channel
Status Broken Resistance
Resistance 207.68
Support 174.50
Low 89.47
Low Date 05/12/2016
High 233.47
High Date 10/03/2018
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.

Copyright© 2004-2016 All rights reserved.