Shareholder returns and stock trends
Apple (AAPL) has generated returns of 21.93% in the trailing 12 months (or TTM) for investors and -6.29% in the trailing one-month period. In comparison, it generated 40.62% returns in 2014 and 4.66% in the year-to-date (or YTD) period. The share price of the firm has declined by 4.77% in the trailing five-day period.
In comparison, peer companies in the Technology and Hardware subsector such as Hewlett-Packard (HPQ), SanDisk (SNDK), and Western Digital (WDC) have generated returns of -3.64%, -2.19%, and -2.96% in the trailing five-day period, respectively.
On August 7, 2015, the last trading price of Apple was $115.52. Apple was trading 6.30%, 8%, and 8.70% below the 20-day, 50-day, and 100-day moving averages of $123.29, $125.57, and $126.54, respectively.
Moving average convergence divergence and RSI
The moving average convergence divergence (or MAC) is the difference between the short-term and long-term moving averages of a firm. The 14-day MACD is -1.89 for Apple and the negative figure shows a downward trading trend.
The 14-day relative strength index (or RSI) for Apple is 30, which shows that the stock is oversold. Generally, if the RSI is above 70, it indicates the stock is overbought while an RSI figure of below 30 suggests that a stock has been oversold.
Out of 23 analysts covering Apple stock, 40 have a “buy” recommendation, two have a “sell” recommendation, and 13 have a “hold” recommendation. The analyst stock price target for the firm is $147.46 with a median target estimate of $150. AAPL is trading at a discount of 23% with respect to its median target and looks to be an attractive buy at current levels.