AAPL Stock: An American Multinational Technology Company Specializing in Consumer Electronics, Computer Software, and Online Services
AAPL stock price today is 145.11 USD with a volume of 99,890,800. At the same time, its chart fluctuates between 142.65 USD – 145.65 USD. AAPL stock price was a maximum of 7145.65 USD and a minimum of 89.14 USD within 52 weeks. Its average volume is 83,099,500 and it is ranked 2.422T in the MarketCap listings. The target point of AAPL stock price at the end of 1 year is 459.34 USD.
Analysis of SBI Share
AAPL stock price gained 1.31% in the last trading day. The price rose from $143.24 to $145.11. During the day, the stock fluctuated 2.10% from the day’s low of $142.65 to a one-day high of $145.65. Price has been in an uptrend for 8 of the last 10 days. It has increased by 8.77% in the last 2 weeks.
Volume fell 6 million shares in the last day, with 99 million shares being traded for approximately $14.40 billion. Increasing volume while price is rising is not an example of a good technical result. This opposite move increases risk and may be an early warning signal. That’s why it’s good to be careful.
Considering the current short-term trend, AAPL stock could rise 3.5% over the next 3 months. At the end of this period, it can hold a price between $130.34 and $150.19.
Forecasts of SBI Share
When we examine the chart today, we see many positive signals for the stock. AAPL stock appears to have buying signals from both short and long-term trades, which gives a positive forecast for the stock. Also, short-term trades over long-term trades. So, it has a general buy signal in the relationship between the two signals. On the downside, it could find some support at the $141.30 and $131.28 levels. If there is a breakdown below any of these levels, it will give us sell signals.
We received a buy signal from the pivot low on May 12, 2021. On top of that, it has risen 18.20% so far. It could see more bullishness until it gets a new upper pivot. Also, AAPL stock has a buy signal at the 3-month Moving Average Convergence Divergence.
Volume fell on the last trading day, going against the price. This is not a good signal. A divergence between volume and price increases risk and can provide an early warning signal.
Support Level, Risk, General Comment
On the downside, we see support just below the current level from accumulated volume at $133.48 and $133.11. Risk occurs when a stock tests a support level. This is because if the stock breaks the support level, there is a possibility that it will go even lower. AAPL stock has support at $133.48, just below today’s level. If it breaks this level, the next supports will be $133.11 and $126.85 respectively.
This stock has an average volatility rate throughout the day. Also, the stock is trading at a good volume. For this reason, we can say that the stock is a medium risk investment. During the last day, the stock has fluctuated between the maximum and minimum of $3.00 and 2.10%. Last week, it was 1.98%.
AAPL stock was overbought at RSI14. Also, the stock is above the trend. Normally this would be a good selling opportunity for a short-term investor. However, some stocks may experience sharp declines while being overbought on the RSI14. Right now the risk seems to be increasing so we may encounter more volatility. In addition, a downside correction could occur in the near term. If this happens, our rating for the stock could be positive.
Should You Buy Tata Motors Share
AAPL stock has a good overall trend and some positive signals in the near term. Investors who want to take advantage of this stock in the short term can buy at the current level. Our rating for this stock right now is BUY. The stop-loss that analysts recommend for this stock is $141.13.