Apple Inc. (NASDAQ:AAPL) Cook will be awarded all 560,000 shares, worth about $125 million
After another period of strong growth and performance for Apple, Tim Cook looks set to receive awards of up to 560,000 AAPL shares this Friday.
The stock compensation awards are split evenly between AAPL’s performance compared to other companies in the S&P 500 and Cook continuing his role as CEO. Specifically, the 280,000 shares for AAPL performance will be awarded if Apple’s stock return is greater than two-thirds of the S&P 500 companies over the last two years. As it stands AAPL has outperformed over 80% them.
Overall, the bias in prices is: Upwards.
Note: this chart shows extraordinary price action to the upside.
By the way, prices are vulnerable to a correction towards 198.46.
The projected upper bound is: 222.80.
The projected lower bound is: 208.21.
The projected closing price is: 215.51.
A white body occurred (because prices closed higher than they opened).
During the past 10 bars, there have been 7 white candles and 3 black candles for a net of 4 white candles. During the past 50 bars, there have been 28 white candles and 22 black candles for a net of 6 white candles.
Momentum is a general term used to describe the speed at which prices move over a given time period. Generally, changes in momentum tend to lead to changes in prices. This expert shows the current values of four popular momentum indicators.
One method of interpreting the Stochastic Oscillator is looking for overbought areas (above 80) and oversold areas (below 20). The Stochastic Oscillator is 59.3284. This is not an overbought or oversold reading. The last signal was a sell 1 period(s) ago.
Relative Strength Index (RSI)
The RSI shows overbought (above 70) and oversold (below 30) areas. The current value of the RSI is 72.77. This is where it usually tops. The RSI usually forms tops and bottoms before the underlying security. A buy or sell signal is generated when the RSI moves out of an overbought/oversold area. The last signal was a sell 8 period(s) ago.
Commodity Channel Index (CCI)
The CCI shows overbought (above 100) and oversold (below -100) areas. The current value of the CCI is 90. This is not a topping or bottoming area. The last signal was a sell 0 period(s) ago.
The Moving Average Convergence/Divergence indicator (MACD) gives signals when it crosses its 9 period signal line. The last signal was a buy 15 period(s) ago.
Rex Takasugi – TD Profile
APPLE INC closed up 0.010 at 215.050. Volume was 29% below average (neutral) and Bollinger Bands were 71% wider than normal.
Open High Low Close Volume___
214.100 216.360 213.840 215.050 19,018,132
Short Term: Neutral
Intermediate Term: Bullish
Long Term: Bullish
Moving Averages: 10-period 50-period 200-period
Close: 212.17 195.63 180.11
Volatility: 16 24 27
Volume: 26,294,320 24,926,100 30,038,962
Short-term traders should pay closer attention to buy/sell arrows while intermediate/long-term traders should place greater emphasis on the Bullish or Bearish trend reflected in the lower ribbon.
APPLE INC is currently 19.4% above its 200-period moving average and is in an upward trend. Volatility is high as compared to the average volatility over the last 10 periods. Our volume indicators reflect moderate flows of volume into AAPL.O (mildly bullish). Our trend forecasting oscillators are currently bullish on AAPL.O and have had this outlook for the last 29 periods. Our momentum oscillator is currently indicating that AAPL.O is currently in an overbought condition.