Apple Inc. (AAPL) for Monday 2/1/2016 d-w-m

  Updated 2/2/16.    Below, for today’s trading, and February, you will find some select metrics for Apple Inc. (AAPL) as well as select Daily (d), Weekly (w), and Monthly (m) charts and/or observations, and analysis of those charts.  The d-w-m in every blog title will give interested readers a heads up that charts and/or daily, weekly, and monthly information, observations, and analysis are included.    The benefit, over time, is the opportunity to look back at previous Apple Inc. blog chart observations and analyses  to see what transpired, or failed to materialize.

In section III.  you will find daily Pivot points, Support points, Resistance points, and more.

In the recent quarterly report, Apple reported selling fewer devices, however, Apple was able to sell those devices, at higher prices, earning record revenues, also Apple reported a substantial increase in recurring stream of revenues from its customers.    For the rest of the story, I highly recommend that you visit Apple Inc.’s Investor Relations page, read the 10Q report and listen to the conference call for your self:  http://investor.apple.com/

Apple declared a cash dividend Apple declared a cash dividend on February 11, 2016 to shareholders of record as of February 8, 2016.

  Disclosure:  Please note I am doing this “Pro and Con”,  “Bull and Bear”  analysis, first for myself, because I own shares in Apple Inc. (AAPL) … and sharing what I am observing, the good, the bad, and the ugly … for those that want both sides of the RISKS story.   It is YOUR money, and I promise I will respect and never forget that.

 I.  APPLE INC (AAPL)   CUSIP  037833100

$97.34 Up 3.25 (+3.45 %) as of Friday 4:15:00 PM ET 01/29/2016
  • Primary Exchange  NASDAQ-NMS
  • Index   DJIA®  NASDAQ 100®  S&P 500®
  • 52-Week High 04/28/2015 134.54
  • 52-Week Low 08/24/2015 92.00
  • Price Performance (Last 52 Weeks) 01/29/2016  -18.13%
  • Volume (10 day Average)  70,355,451
  • Volume (90 day Average)  49,369,338
  • Market Capitalization  $539.71B
  • Shares Outstanding  5,544,583,000
  • Shares Short                  65,997,629
  • Short Interest as a % of Shares Outstanding  1.19%
  • Days to Cover                         1.02
  • P/E (Trailing Twelve Months)  10.33
  • PEG Ratio (5-Year Projected)   0.90   (less than 1.0 is good)
  • Ex-Dividend Date  02/04/16
  • Dividend Pay Date  02/11/16
  • Dividend  $0.52
  • Dividend Yield (Annualized)  2.14%
 ————————————————–
 II. Apple Inc.  (AAPL) Charts, observation, and analysis …
  ( A)  First up the Moving Average Convergence Divergence (MACD) Daily Chart has Apple Inc. as both “Bullish” and a  “buy”:
   AAPL macd 20160129

 

( B)  Second up,  is one of my favorite Pivot point Daily Charts  for Apple Inc.  Please note, in the observations and analyses below, when normally “Bearish” charts start warning about higher prices, or suggesting to take profits, I have, on more than one occasion,  found those “suggestions” to be contrarian “bullish” and so highlight any reference to higher prices … from a bearish tone (highlighted in red), in “green.” :

 

 

AAPL 20160129

APPLE Inc.  (AAPL)
( b.1)  Analysis of DAILY Chart activity through Friday’s (1/29/2016) close at  $97.34
   The current trend is down and all orders on the short side may be considered.  If already holding short positions, we would look to take partial profits at  any retracement to 101.53. Traders with remaining short positions, after profit taking, should consider placing capital conserving stops in the region of 101.53.  Be prepared for a potential short term price rally back to the 101.09  area.
Suggested placement of capital conserving stops
If Long, exit all contracts at:        92.39
If Short, exit all contracts at:       101.53
 ( b.2)  Additional DAILY Chart activity observations:
  • Overall, the bias in prices is: Downwards.
  • Short term: Prices are stalling.
  • Intermediate term: Prices are trending.
  • Note: this chart shows extraordinary price action to the downside.
By the way, prices are vulnerable to a correction rally  towards 107.38.
 ( b.3)  Apple daily price and projected targets
  • The upper projected target is: 103.29.
  • The lower projected target is: 90.71.
  • The projected closing price is: 97.00
  • Please Note: these price projections are provided for reference only, and can be easily exceeded by Mr. and Ms. Fickle  Markets, both up, or down. 
  ( C)  Third up,  is one of my favorite Pivot point Weekly Charts  for Apple Inc.
   AAPL 20160129
 ( c.1)  Analysis of WEEKLY Chart activity through Friday’s (1/29/2016) close at  $97.34
   The current trend is down and all orders on the short side may be considered.  The current market price activity  is Strongly Bearish and suggests favorable trade opportunities on the short side.   If already holding short positions, we would look to take partial profits on  any retracement to 119.86.  Traders with remaining short positions, after profit taking, should consider placing capital conserving stops in the region of 121.81.  Be prepared for a potential short term price rally back to the 109.48  area.
Suggested placement of capital conserving stops
If Long, exit all contracts at:        92.39
If Short, exit all contracts at:       123.82
 ( c.2) Additional WEEKLY Chart activity observations:
  • Overall, the bias in prices is: Downwards.
  • Short term: Prices are moving.
  • Intermediate term: Prices are trending.
  • Note: this chart shows extraordinary price action to the downside.
By the way, prices are vulnerable to a correction RALLY towards 108.44.
 ( c.3)  Apple weekly price and projected targets
  • The upper projected target is: 108.97.
  • The lower projected target is: 84.52.
  • The projected closing price is: 96.75.
  •   Please Note: these price projections are provided for reference only, and can be easily exceeded by Mr. and Ms. Fickle  Markets, both up, or down. 
 ( D) Fourth up,  is observations and analysis from one of my favorite Pivot point Monthly Charts  for Apple Inc.  ( sorry, I will have to come back to add the chart )
   ( d.1)  Analysis of MONTHLY Chart activity through Friday’s (1/29/2016) close at  $97.34
The current trend is up and all orders on the long side may be considered.  If already holding long positions,  look to take partial profits on any retracement to 92.00.   Traders with remaining long positions, after profit taking, should consider placing capital conserving stops in the region of 92.00.
Be prepared for a potential short term price rally back to the 109.59  area.
Suggested placement of capital conserving stops
If Long, exit all contracts at:        92.00
If Short, exit all contracts at:       134.54
————————————————–
III.  Apple Inc. (AAPL)  Support and Resistance for Monday, 2/1/2016 thru 2/29/2016
   Below you will find the 52 week performance, and the Year-to-Date (YTD) performance to Apple Inc. (AAPL).    For tracking Apple Inc.’s daily action, here are the Pivot Points, Support points, Resistance points,  and the 50 day simple moving averages (sma), and more.
  If Apple Inc. (AAPL) is above the pivot point, the pivot point is both support, and an indication that Mr. & Ms. Fickle Markets are Bullish.
If Apple Inc. (AAPL) is below the pivot point, then the pivot point represents resistance, as well as an indication that Mr. & Ms. Fickle Markets are Bearish.
   Please Note: ALL projections are for reference only as they can be easily exceeded, up or down, by Mr. & Ms. Fickle Markets.
–   –   –   –           –   –   –   –           –   –   –   –
(41) APPLE Inc. (AAPL) for Monday, 2/1/2016
  Closed 1/29 up @ 97.34
  •   :: Pivot point   96.34
  •   Support (s1)  95.35       Support (s2)  93.35
  •   Resistance (r1)  98.34   Resistance (r2)   99.33
  •   Simple Moving Average (Close 50):   107.76
  •   52 week High   134.54     52 week Low   92.00
  •   52 week performance -17.95%  YTD performance  -7.52%
(41) APPLE Inc. (AAPL) for Tuesday, 2/2/2016
  Closed 2/1 down @ 96.43
  •   :: Pivot point   96.18
  •   Support (s1)  95.65       Support (s2)  94.87
  •   Resistance (r1)  96.96   Resistance (r2)   97.49
  •   Simple Moving Average (Close 50):   107.41
  •   52 week High   134.54     52 week Low   92.00
  •   52 week performance -18.73%  YTD performance  -8.39%

——  Monday, 2/1/2016 thru Friday 2/5/2016  ——-

  •  ( x)   All Links can be opened in a new tab or new window …
  •  ( xi )  I will be returning and adding more related chart info including links to charts with  daily, weekly, and monthly chart analysis

 

Please read:

 
              [ Blogs ]

Hope the above Apple Inc. Support and Resistance calculations for Monday, 2/1/2016 help your investing and trading today …

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