American Stocks Analysis

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 price extends losses - Forecast today - 19-04-2024

Economies.com
2024-04-19 13:26PM UTC

Apple’s stock price (AAPL) kept falling in the intraday levels, amid negative pressure from the 50-day SMA, coupled with negative signals from the RSI, amid the dominance of the downward correctional trend in the short term.

 

Therefore we expect more losses for the stock, targeting the first support at $159.78, provided the pivotal support of $165.67 was pierced. 

 

Trend forecast: Bearish 

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