Red day on Wednesday for Apple

StockInvest.us, 4 weeks ago

Apple

The Apple stock price fell by -1.92% on the last day (Wednesday, 11th Jun 2025) from $202.67 to $198.78. During the last trading day the stock fluctuated 3.06% from a day low at $198.43 to a day high of $204.50. The price has been going up and down for this period, and there has been a -0.82% loss for the last 2 weeks. Volume has increased on the last day by 9 million shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 61 million shares were bought and sold for approximately $12.06 billion.

On Jun 10, 2025, it was reported that Citigroup gave AAPL a "Buy" grade with a "hold" action.

The stock lies in the middle of a very wide and falling trend in the short term and further fall within the trend is signaled.Given the current short-term trend, the stock is expected to fall -5.77% during the next 3 months and, with a 90% probability hold a price between $154.09 and $195.68 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

Apple

Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. The Apple stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $201.93 and $204.40. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Thursday, May 01, 2025, and so far it has fallen -6.82%. Further fall is indicated until a new bottom pivot has been found. Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely.

On the downside, the stock finds support just below today's level from accumulated volume at $188.38 and $181.46.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 $188.38. If this is broken, then the next support from accumulated volume will be at $181.46 and $172.42.

This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved $6.07 (3.06%) between high and low. For the last week, the stock has had daily average volatility of 2.41%.

Apple holds several negative signals and is within a very wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.

Check full Apple forecast and analysis here.