Apple Inc.’s (AAPL) stock closed at 165.56. The stock’s daily trading range was between 161.44 and 165.80, while its 52-week range is 124.17 – 176.15. AAPL has a trading volume of 68,311,641, slightly above its average volume of 65,222,821. The company boasts a market capitalization of 2.619 trillion, a 5-year monthly beta of 1.30, and a trailing twelve-month (TTM) price-to-earnings (P/E) ratio of 28.11. With earnings per share (EPS) of 5.89, AAPL’s upcoming earnings announcement is expected between April 26, 2023, and May 1, 2023. The company offers a forward dividend of 0.92 and a yield of 0.57%, with an ex-dividend date of February 10, 2023. Lastly, AAPL’s 1-year target estimate is 170.39.
Below is a technical chart analysis of AAPL (Apple Inc.) stock using the moving averages:
- 5-Day Moving Average: The stock is trading below its 5-day moving average of 162.63, which may indicate a short-term bearish trend. However, the price change of +1.80 (+1.10%) and an average volume of 51,849,961 suggest that the stock has some short-term bullish momentum.
- 20-Day Moving Average: AAPL is trading above its 20-day moving average of 160.86, with a price change of +12.57 (+8.22%) and an average volume of 60,365,688. This indicates a medium-term bullish trend.
- 50-Day Moving Average: The stock is trading well above its 50-day moving average of 154.83, with a significant price change of +21.27 (+14.74%) and an average volume of 64,835,391. This suggests a strong intermediate-term bullish trend.
- 100-Day Moving Average: AAPL is also trading above its 100-day moving average of 146.85, with a price change of +16.77 (+11.27%) and an average volume of 69,848,188. This indicates a longer-term bullish trend.
- 200-Day Moving Average: The stock is trading above its 200-day moving average of 149.59, with a price change of +23.90 (+16.87%) and an average volume of 76,146,977. This further confirms a long-term bullish trend.
- Year-to-Date (YTD): AAPL has gained +35.63 (+27.42%) since the beginning of the year, with an average volume of 66,933,617. This suggests a strong bullish trend throughout the year.
In summary, based on the moving averages AAPL stock appears to be in a bullish trend across short-term, intermediate-term, and long-term time frames. The stock is currently trading below its 5-day moving average, suggesting a potential short-term bearish trend, but the overall trend remains positive.