Apple stock upgraded to Strong Buy Candidate

The Apple stock price gained 3.53% on the last trading day (Friday, 24th Jul 2026), rising from $321.66 to $333.02. During the last trading day the stock fluctuated 3.96% from a day low at $321.62 to a day high of $334.37. The price has risen in 6 of the last 10 days and is up by 5.61% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 7 million more shares were traded than the day before. In total, 47 million shares were bought and sold for approximately $15.79 billion.

On Jul 21, 2026, it was reported that Raymond James gave AAPL a "Outperform" grade with a "upgrade" action.

The stock lies in the upper part of a wide and strong rising trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break-up at the top trend line at $337.72 will firstly indicate a stronger rate of rising.Given the current short-term trend, the stock is expected to rise 12.74% during the next 3 months and, with a 90% probability hold a price between $324.30 and $380.74 at the end of this 3-month period.

The Apple stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $328.84 and $306.45. A breakdown below any of these levels will issue sell signals. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Friday, July 17, 2026, and so far it has fallen -0.216%. Further fall is indicated until a new bottom pivot has been found.

On the downside, the stock finds support just below today's level from accumulated volume at $283.78 and $275.15.There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, Apple finds support just below today's level at $283.78. If this is broken, then the next support from accumulated volume will be at $275.15 and $271.35.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $12.75 between high and low, or 3.96%. For the last week, the stock has had daily average volatility of 2.47%.

Apple holds several positive signals and is within a strong rising trend. As the old saying says, "Let the trend be your friend.'". We therefore consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months.We have upgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Strong Buy candidate.