• Return to Headlines

Bullish Moving Average Cross by Apple Inc (AAPL)

By Nick Russo

Apple Inc (NASDAQ:AAPL) shares have crossed bullishly above their 10-day moving average of $156.14 on a volume of 9.8 million shares. This may provide swing traders with an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Apple Inc share prices have moved between a 52-week high of $161.83 and a 52-week low of $96.42 and are now trading 64% above that low price at $158.27 per share. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has remained constant.

SmarTrend recommended that subscribers consider buying shares of Apple Inc on July 19th, 2017 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $150.68. Since that recommendation, shares of Apple Inc have risen 3.1%. We continue to monitor AAPL for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses apple inc

Ticker(s): AAPL