Stock trading at a discount to analysts’ median estimates
Of the 40 analysts tracking Apple (AAPL), 26 have recommended “buys,” 14 have recommended “holds,” and none have recommended “sells” on its stock. Their 12-month average price target for Apple is $203.22, and their median estimate is $203.50. Apple is trading at a discount of ~5.5% to analysts’ median estimate. Their low estimate for Apple stock is $164, and their high estimate is $244.77.
On July 24, Apple closed at $193. Based on that price, the stock was trading as follows:
- 6.4% above its 100-day moving average of $181.35
- 2.3% above its 50-day moving average of $188.71
- 2.2% above its 20-day moving average of $188.77
Apple stock is trading 31% above its 52-week low of $147.30 and 0.6% below its 52-week high of $194.20.
Moving average convergence divergence
Apple’s 14-day MACD (moving average convergence divergence) is 1.08. A stock’s MACD marks the difference between its short- and long-term moving averages. A positive MACD indicates an upward trading trend.
Apple’s 14-day RSI (relative strength index) score of 75 suggests that it’s trading well into overbought territory. An RSI score of above 70 indicates that a stock has been overbought, while an RSI score of below 30 indicates that it has been oversold.