Apple Technical Analysis

AAPL -- USA Stock  

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As of the 14th of December 2019 Apple shows Risk Adjusted Performance of 0.1842, Mean Deviation of 0.9381 and Downside Deviation of 1.16. Apple technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm future prices. In plain English you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum or the prices will eventually revert. We found nineteen technical drivers for Apple which can be compared to its rivals. Please confirm Apple Jensen Alpha as well as the relationship between Potential Upside and Skewness to decide if Apple is priced correctly providing market reflects its regular price of 270.77 per share. Given that Apple has Jensen Alpha of 0.3286, we suggest you validate Apple prevailing market performance to make sure the company can sustain itself at future point.
Target PriceAdvice# of Analysts
260.38Buy26Odds
Apple current and past analyst recommendations published by number of research institutions as well as average analyst consensus
Apple Analyst Advice  
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Apple Technical Analysis

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The output start index for this execution was twelve with a total number of output elements of fourty-nine. The Normalized Average True Range is used to analyze tradable apportunities for Apple across different markets. View also all equity analysis or get more info about normalized average true range volatility indicators indicator.

Apple Trend Analysis

Use this graph to draw trend lines for Apple. You can use it to identify possible trend reversals for Apple as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Apple price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Apple Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Apple applied against its price change over selected period. The best fit line has a slop of   0.99  which means Apple will continue generating value for investors. It has 122 observation points and a regression sum of squares at 36832.61, which is the sum of squared deviations for the predicted Apple price change compared to its average price change.

Apple December 14, 2019 Technical Indicators

Apple December 14, 2019 Daily Price Condition

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