Apple Inc. (NASDAQ:AAPL) may seem a giant, but by some measures it’s not

Apple Inc. (NASDAQ:AAPL) may seem a giant, but by some measures it’s not

Apple Inc. (NASDAQ:AAPL) may seem a giant, but by some measures it’s not

Apple Inc., belongs to Consumer Goods sector and Electronic Equipment industry. The company’s Market capitalization is $1013.20B with the total Outstanding Shares of 0.0006. On Friday, AAPL stock construct a change of -0.65 in a total of its share price and finished its trading at 207.53.

Apple Inc. institutional ownership is held at 15% while insider ownership was 62.8%. As of now, AAPL has a P/S, P/E and P/B values of 8.82, 18.01 and 14.28 respectively. Its P/Cash is valued at 11.53.

The stock has seen its SMA50 which is now 16.63%. In looking the SMA 200 we see that the stock has seen a -1.07%.The Company’s net profit margin for the 12 months at -0.22%. Comparatively, the gazes have a Gross margin 26.6%.

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 192.84.

The projected upper bound is: 215.08.

The projected lower bound is: 200.80.

The projected closing price is: 207.94.


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 29 white candles and 21 black candles for a net of 8 white candles.

A spinning top occurred (a spinning top is a candle with a small real body). Spinning tops identify a session in which there is little price action (as defined by the difference between the open and the close). During a rally or near new highs, a spinning top can be a sign that prices are losing momentum and the bulls may be in trouble.

Three white candles occurred in the last three days. Although these candles were not big enough to create three white soldiers, the steady upward pattern is bullish.

Momentum Indicators

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.

Stochastic Oscillator

One method of interpreting the Stochastic Oscillator is looking for overbought areas (above 80) and oversold areas (below 20). The Stochastic Oscillator is 72.5470. 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 69.99. This is not a topping or bottoming area. However, the RSI just crossed below 70 from a topping formation. This is a bearish sign. A buy or sell signal is generated when the RSI moves out of an overbought/oversold area. The last signal was a sell 0 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 70. This is not a topping or bottoming area. The last signal was a sell 2 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 7 period(s) ago.

Rex Takasugi – TD Profile

APPLE INC closed down -1.350 at 207.530. Volume was 100% below average (consolidating) and Bollinger Bands were 71% wider than normal.

Open High Low Close Volume___
207.360 209.100 206.670 207.530 1,293

Technical Outlook
Short Term: Overbought
Intermediate Term: Bullish
Long Term: Bullish

Moving Averages: 10-period 50-period 200-period
Close: 203.69 192.29 178.19
Volatility: 37 23 27
Volume: 32,122,186 23,645,752 30,330,910

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 16.5% 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 21 periods.

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