Economies.com provides the latest technical analysis and forecast of the american stocks, in order to keep track of the trend of the US stocks.
Apple's stock rose 1.09% in the last session, or 1.85 points, amid negative pressure from the 50-day SMA, with negative signals from the RSI, and amid the dominance of the downward correctional trend in the short term.
Therefore we expect the stock to return lower, targeting the support of 160.63, as long as the resistance of 180.10 holds on.
Expected trend for today: Likely Bearish