172.4800
Change
-0.0200
Change %
0.0116%
Open
172.5000
Close
171.6375
High
173.5400
Low
172.0000
Apple falls despite negative pressures - Analysis - 20-03-2017
2017-03-20 13:08:59 GMT (Economies.com)
Apple falls despite negative pressures - Analysis - 20-03-2017
 

Apple's stock (AAPL) fell in the intraday levels, registering a loss of 0.5% in the last session, or 0.70 points, as the stock tries to gather positive momentum to help it rise again, amid an influx of positive signals from relative power indicators, after reaching extremely oversold levels compared to the stock's downward movement, with the dominance of the main upward short-term trend along the trend line, coupled with ongoing positive pressure from the SMA for the last 50 days period. 

 

Therefore we expect the stock to return higher in the coming trading, provided it settles above 140.09, targeting the resistance of 146.51. 

 
 
 
  Symbol Last Change Chg.%
1.1776
0.0010
0.0837%
1.3369
-0.0013
0.0968%
15.898
0.045
0.284%
56.830
-0.495
0.864%
62.60
-0.74
1.17%
1248.590
0.240
0.019%
 
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