Red for the Cupertino company, which is marking a decline of 2.42%.
Apple’s performance this week, compared to the Dow Jones, shows a lower relative strength of the stock, which could become prey to sellers ready to take advantage of potential weaknesses.
The technical status of the Cupertino giant is strengthening in the short term, with a resistance area seen at 227.2 USD, while the first support is estimated at 221.5. The technical implications lean towards an extension of the performance in a bullish direction, with resistance seen at 232.9.
The indications are to be considered merely informational tools, and are in no way intended to constitute financial advice, solicitation to public savings or promotion of any form of investment.
(By the Teleborsa Research Office)