[Music] is it time to buy or sell Apple stock in this video we're diving deep into Apple our initial report was published on our website on the 10th of September 2024 and now we're here to provide you with an even more detailed analysis remember to subscribe hit the like button and turn on the notification Bell to stay updated on our latest analysis you don't want to miss any crucial updates that could impact your Investments enhance your trading Decisions by trying our newly launched AI stock analysis tool powered by gp4 at stockinvest.us tap into the power of AI and get a free price prediction and deep analysis for anyone among 25,000 companies worldwide today please note that this video is for informational purpose purposes only and should not be considered as Financial advice since the 10th of September 20124 our system has ranked apple as a cell candidate assigning it a score of -1.25 now let's examine the Stock's performance during this time frame we will continue to monitor this evaluation to see how it develops in the upcoming days the stock currently resides in the midst of a broad and moderately increasing Trend in the short term indicating a likelihood of further upward movement within this trend analyzing the three-month Trend suggests a potential change of approximately 4.17% over the upcoming 3 months with a possible return ranging from Nega 0.1 157% to 14% in terms of the 12-month Trend it implies a change of about 22.7 78% over the next year with a possible return between 1.81% and 34.871778 after a year our latest daily update for Apple includes the headline evaluation of Apple stock downgraded after the last trading session the Apple stock price experienced a decline of approximately 0.362 per during the last trading session on Tuesday the 10th of September 2024 falling from $22.9 to $22.11 throughout the trading day the stock fluctuated by 2.19% reaching a low of $26.75 and a high of $221 48 the price has decreased in six of the last 10 days resulting in an overall decline of 3.11% during this period notably the trading volume also decreased on the last day which is generally seen as a positive sign as volume should correspond with stock movement on that day the trading volume decreased by 15 million shares with a total of 51 million shares traded amounting to approximately 11. $ 27 billion looking back over the past 52 weeks the highest price of the stock reached $2 23723 while the lowest price was $164 eight currently the stock price stands 7.22% or $17.12 below the 52e high of $ 23723 which also marks the all-time high for the stock Apple continues to be a focal point in the tech industry highlighted by a recent report which positions it among the Magnificent Six alongside major players like Microsoft and Nvidia in the artificial intelligence and Tech landscape this endorsement from analysts indicates that APL remains a strong contender in the ongoing artificial intelligence investment race potentially driving upward momentum in its stock price however investor sentiment remains cautious following Apple's launch of the iPhone 16 while the event introduced new artificial intelligence features doubts linger about whether they will trigger a substantial upgrade cycle analysts are optimistic about an artificial intelligence-driven boost in sales yet some caution that a sluggish roll out of these Innovations might constrain short-term growth additionally ongoing scrutiny from European Regulators poses Challen Alles for Apple antitrust decisions could impact the company's operational strategy and profitability in the European Union potentially creating volatility in its stock price furthermore a recent study revealed that apple and alphabet lag in reducing business travel emissions risking a return to pre-pandemic levels this could affect their reputations in terms of sustainability which is increasingly important to investors in the long term if Apple effectively leverag is its advancements in artificial intelligence and wearables while navigating regulatory hurdles it could solidify its Market position as we look ahead Apple's strategic moves in technology and compliance will be crucial in determining its stock trajectory for both short and long-term investors analyst ratings on Tuesday the 10th of September 2024 it was reported that Cowan and Company assigned Apple Inc a buy rating alongside a hold recommendation on the same day it was also reported that Oppenheimer rated Apple Inc as outperform with a hold recommendation additionally on that day KeyBank assigned a negative rating to Apple Inc but recommended an upgrade action on Wednesday the 4th of September 2024 Piper Sandler provided a cautious rating for Apple Inc with a hold recommendation on the same day UBS rated Apple Inc as neutral and suggested a hold action analysts have assigned Apple stock a general neutral rating they categorize the price to earnings ratio as a strong sell and the price to book ratio as a strong sell as well however in terms of return on investment analysts have rated the stock as a strong buy the following signals have been identified for for Apple currently there are you to no positive technical signals the Apple stock is experiencing sell signals from both short and long-term moving averages indicating a more negative outlook on upward Corrections there will be some resistance at the levels of 222 and 2120 a breakout above either of these levels May generate buy signals a sell signal emerged from a pivot top point on Thursday August 29th 2024 with the stock having declined deined by 4.21% since then additional declines are expected until a new bottom pivot is established additionally there is a sell signal from the 3-month moving average convergence Divergence or macd during the last trading day volume decreased alongside the price which mitigates overall risk as volume typically aligns with price movements here are some additional signals that may peque your interest the moving average convergence Divergence indicates a cell signal pivots suggested a cell signal 8 days ago Ballinger presented a Buy Signal 25 days ago the short-term moving average indicated a sell signal 7 days ago the long-term moving average signaled a sell 6 days ago the relationship between the short and long moving averages suggested a Buy Signal 16 days ago examining the 12-month chart reveals the short moving average indicated a cell signal 6 days ago the long-term moving average provided a Buy Signal 90 days ago the relationship between the short and long moving averages indicated a Buy Signal 78 days ago for more signals be sure to visit our page at stock invest. us support risk and stop-loss for apple apple finds support from accumulated volume at $237 this level May present a buying opportunity as an upward reaction can be anticipated when the support is tested generally the stock exhibits very controlled movements and with good liquidity the risk associated with this stock is considered very low over the last day the stock fluctuated $4.75 between its highest and lowest points representing a movement of 2.19% for the past week the stock has shown an average daily volatility of 2.11% before we dive into the potential trading levels for Apple let's take a moment to review some essential fundamental data first let's discuss the price to earnings ratio commonly referred to as the PE Ratio this important metric assesses a company's current share price in relation to its earnings per share a PE ratio in this range is generally considered normal particularly for companies with established histories or stable revenue streams in other news the upcoming earnings report for the third quarter of 2024 is anticipated on the 7th of November 2024 analysts currently estimate earnings to be around $159 per share it is important to monitor these figures as they can significantly influence stock prices now let's discuss some potential day trading levels for Apple in case of an upward Trend the first resistance level for apple is at 22091 if you don't own any shares you may want to wait for this level to be breached before entering a position for those already holding the stock this could be a level to consider for swing trading on the downside Apple encounters its first support level at 23.07% anticipating a rebound the combined average rating for Apple from various analyst sources is neutral now let's examine some recent Insider trades on the 15th of August 2024 Chris condo sold 876 shares of common stock on the 9th of August 2024 Chris condo sold 5,178 shares of common stock on the 5th of August 20 2024 Katherine L Adams sold 97,500 shares of common stock on the 5th of August 2024 Katherine L Adams sold 2,400 shares of common stock on the 7th of August 2024 Katherine L Adams sold 4,500 shares of common stock analyzing the 100 most recent Insider trades we find that The Insider power has been negative with a ratio of3 3.14 in total insiders purchased 1, 41,44 shares and sold 2,716 460 shares in the last 100 trades our assessment for this stock is unfavorable and we have not established a stoploss is Apple stock a good buy the Apple stock presents several negative indicators and despite a positive trend we anticipate that Apple's performance will be weak in the coming days or weeks consequently we are revising our assessment of this stock to a negative outlook due to some minor weaknesses in the technical analysis we have downgraded our recommendation from hold or accumulate to sell after examining the volatility and movements from the last trading day our systems indicate that the current price is overvalued for trading on Wednesday the 11th of September we expect Apple to open lower by 67 cents and initiate trading at $219 44 we remind you that trading carries a significant risk of losing money it is essential to consult with a financial adviser before engaging in the buying or selling of any Securities your investment decisions should not rely solely on stockinvest.us by utilizing this information you acknowledge and accept responsibility for your investment choices this is our current view of the stock do you agree or disagree we encourage you to comment below and share your thoughts what is your target for the stock remember to like And subscribe we wish you successful trading and hope you have a wonderful day with regards from everyone here at stock invest