Daily APPL Market Report - using Modes of Behavior

StrategyDB believe that standardized and repetitive analysis instills discipline in trading. Reports list major areas of interest that should be considered when performing technical analysis and / or creating a trading plan.



Market Mode of Behavior: AAPL : NASDAQ : 213.26 : Macro: Eight specific set-ups that dictate the current trading strategy...
Currently, this market meets the Trending Bull Mode criteria. Price is trending higher.

For the entire data set this market has been in Trending Bull Mode 25.37% of the time.

The average number of bars spent in this Mode before transitioning normally = 10. Since the current number of bars in Mode = 13, this market may transition into a new behavior soon.

The average price growth during this behavior is approximately = 5.60. This is compared to the current price growth of 2.91. Based upon the closing price of the most recent bar, price growth has yet to be met.

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Transitions & Time: AAPL : NASDAQ : 213.26 : Macro: Background on the current Mode of Behavior...
Transition from Corrective Bull Mode occurred 13 bar(s) ago.

According to our signal logic, this transition occurred normally and triggered on the shortest time frame. This CBUTBU transition occurs very often.

Possessing knowledge of the preceding Mode of Behavior as well as the most likely subsequent Mode assists in executing current strategies, exits, and setups for the next trade.

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Standard Analysis: AAPL : NASDAQ : 213.26 : Macro: A closer look at the current Mode of Behavior...
The current bar's close at 213.26 demonstrates that prices should continue higher.

Cautionary price levels 5.66% below the market are outside the Average True Range price percentage window of 2.26%, currently lowering the short-term probability of transitioning out of Trending Bull Mode.

The Average True Range price percentage window is simply a function of the 16 bar Average True Range, divided by the underlying's closing price of the last bar. Cautionary price levels are proprietary. Prices in this region indicate possible Mode transitions.

Volatility based on the 30 day standard deviation = 33.04%. Volatility based upon the 30 day Average True Range = 4.82 points, (based upon the underlying's price scale.)

The price change versus 1 week ago = 4.52. The price change versus 1 month ago = 4.52. The price change versus 1 year ago = 55.52.

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Advice: AAPL : NASDAQ : 213.26 : Macro: Straight-forward wisdom on how to position for near-term profits...
Alert! Transactions in FOREX, Futures, and Stocks, carry a high degree of risk. No slippage or commissions are included here or in our Statistics tables. Your FCM will charge you a commission.

Trend trade this market from the long side.

During Trending Bull Mode competition is one sided, making sellers scarce. If you like pyramding winners, now may be your chance. (+++)

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Natural Attraction: AAPL : NASDAQ : 213.26 : Macro: Expected tendencies and targets...
During Trending Bull Mode prices should tend towards a price structure located at 239.13.

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Support & Resistance: AAPL : NASDAQ : 213.26 : Macro: Specific trading levels or bands...
Trading Band levels are based upon volatility and other proprietary inputs. StrategyDB suggest using these bands as a guide to trade shorter-term if you are not a medium to longer-term position trader.

During Trending Bull Mode you'll notice that price often remains in outer Trading Bands, indicating momentum and possible further rapid price movement to come. But if prices move into the nearer bands within the first few bars, these levels may not be sustainable.

If the price is within the nearer bands, early in a bull move this may represent a decent low-risk opportunity.

Finally, if price is in the nearer bands and the move is mature, this may be an indication that a transition is very near.

SPEEDVIEW TRADING WIDGET

A key level to watch, located at 185.12 is exactly 28.14 points, or 13.2% away.


Trading Band6 Level = 227.68
Trading Band5 Level = 222.86
Trading Band4 Level = 218.05
Trading Band3 Level = 213.23
Trading Band2 Level = 208.41
Trading Band1 Level = 203.60
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Price Growth / Decay Projections: AAPL : NASDAQ : 213.26 : Macro: Growth / decay projections...
Target#1=221.35
Distance=8.09
Move=3.8%

Target#2=239.13
Distance=25.87
Move=12.1%
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