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AAPL stock falls 1.53% to $344.17; hourly chart fails to confirm daily bullish bias

AAPL stock falls 1.53% to $344.17; hourly chart fails to confirm daily bullish bias

Photo: The Cryptonomist

AAPL stock retains a qualified bullish daily bias, but the hourly chart does not fully confirm it. Apple ‘s completed session left price above its daily exponential averages, while negative MACD histograms on the daily and hourly charts limit bullish conviction. Key takeaways AAPL closed at $344.17 on Thursday, down 1.53%, above its 20-session EMA ($341.97), 50-session EMA ($335.23), and 200-session EMA ($304.67). Daily RSI14 is 53.01 , above the neutral 50; daily MACD histogram is -0.73 , below zero. Hourly RSI14 is 49.7 , below the neutral 50; hourly MACD histogram is -0.3 .

Source: The Cryptonomist

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