Apple Inc NASDAQ:AAPL MACD Cross Historic Performance
Sept 2006 – 16 months – 213% July 2009 – 18 months – 149% Mar 2014 – 16 months – 83% Dec 2016 – 18 months – 78% Aug 2019 – 18 months – 189% Jun 2023 – 18 months – 100% ?
Average return of the 5 past MACD crosses above is 142%. We have projected a modest 100% increase over the next 18 months. That’s IF we get the cross in June 2023. Worth noting we are about 6% away from the ATH of $182. A weekly close above this level would be ideal in combined with the MACD cross confirmation. Failing these you would wait. These could occur at the same time. Stop would be placed under the ATH. Keep in mind that a MACD cross is a lagging indicator so we try and anticipate the cross scenario.
Given the history of price in this long term parallel channel since June 2005, an incredibly idyllic scenario would be a revisit of the bottom of the channel which would coincide with a revisit of the 50 month smooth moving average(SMA) in purple. If we ever revisited the 50 Month SMA or 200 week SMA I believe this would be a major opportunity, given this has only occurred 4 times in almost 20 years.
評論
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Apples is $3.00 away from its all time high before market open....will this be the day it breaks its ATH? Regardless the MACD history speaks for itself.
評論
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EARNIN RELEASE TODAY (AFTER CLOSE)
Apple has increased from $174 to $192 since we shared..
Regardless of any pull back potential, the long term MACD history continues to provide us continued upside trajectory probability.
i am using EMA, and there is only problem in this analysis , everytime in history when monthly MACD crossed above price was below monthly 10MA, in 2008 when MACD crossed above briefly procice was above 10 ma on monthly chart but this this cross above on MACD was brief and then we saw massive crash so i think this what going to happen this time
PukaCharts
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does it become a tree?
gvoommen
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The rise of Apple :)
PukaCharts
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That's a fair view 👌 and you could be right.
I use SMA because under classical charting principles, smooth moving average should be used for longer time frame charts. EMA is much better for measuring and anticipating more exponential short term price movements.