Apple Inc 4 Hour Price Update
Updated June 22, 2020 04:28 PM GMT (12:28 PM EST)
AAPL traders saw its share price jump 1.85% ($6.47) over the past four hours of trading. To help put that in perspective, note that Apple Inc’s peers in the in the Computers industry are down -0.28% on average during this time, while its peers in the broader Technology sector are up by an average of 0.81%.
Apple Inc Daily Price Recap
The choppiness in the recent daily price action of Apple Inc continues; to start today, it came in at a price of 349.72 US dollars, down 0.57% ($2.01) since yesterday. The price move occurred on stronger volume; specifically, yesterday’s volume was up 180.1% from the day prior, and up 59.88% from the same day the week before. The daily price chart of Apple Inc below illustrates.
Apple Inc Technical Analysis
Trend traders will want to observe that the strongest trend appears on the 14 day horizon; over that time period, price has been moving up. For another vantage point, consider that Apple Inc’s price has gone up 10 of the previous 14 trading days.
Overheard Around the Web
Over on StockTwits, here’s an example of what they’re saying about AAPL:
$AAPL $SPY Apple’s developer conference starts at 1:00. The stock is historically somewhat volatile during these and we could see the market trade alongside that a bit.