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A Technical Analysis of Apple

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Jul. 11 2017, Updated 9:05 a.m. ET

Moving averages

On July 3, 2017, Apple (AAPL) was trading 3.7% below its 50-day moving average. In comparison, Seagate Technology (STX) was trading 8.1% below its 50-day moving average, Cisco System (CSCO) was trading 2.1% below its 50-day moving average, Ericsson (ERIC) was trading 1.9% above its 50-day moving average, and Fitbit (FIT) was trading 11.3% below its 50-day moving average.

Apple’s stock price is currently trading ~2.4% below its 20-day moving average and ~1.0% below its 100-day moving average.

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Analysts’ recommendations

Of the 45 analysts covering Apple, 33 have given it “buy” recommendations, none have given it “sell” recommendations, and 12 have given it “hold” recommendations.

Relative strength index

For the last 14 days, Apple (AAPL) has reported an RSI (relative strength index) of 42, compared Seagate Technology’s, Cisco System’s, Ericsson’s, and Fitbit’s 32, 43, 45, and 54, respectively, within the same period. The RSI measures the speed of and changes in a stock’s price.

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Dividend yields

Apple’s annual dividend yield is 1.8%. A dividend yield is a measure of a company’s annual dividend per share relative to its price per share. It indicates how much cash an investor is getting for every dollar invested in a company’s equity.

Apple’s scale

Apple is the largest hardware player in the world in terms of market cap at $750.0 billion. Seagate Technology has a market cap of ~$11.4 billion, Cisco System has a market cap of ~$156.1 billion, Ericsson has a market cap of ~$23.7 billion, and Fitbit has a market cap of ~$1.2 billion.

Shareholder returns and stock trends

Apple has generated investor returns of -7.7% in the trailing-one-month period and 49.7% in the trailing-12-month period. The company’s share price has fallen 1.6% in the trailing-five-day period.

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