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Shares of Apple Inc Has Risen Above Previous 52-Week High

By David Diaz

Shares of Apple Inc (NASDAQ:AAPL) traded today at $233.28, breaking its 52-week high. So far today approximately 2.4 million shares have been exchanged, as compared to an average 30-day volume of 27.1 million shares.

Apple Inc. designs, manufactures, and markets mobile communication and media devices, and personal computers. It also sells various related software, services, accessories, and third-party digital content and applications.

Apple Inc (NASDAQ:AAPL) is currently priced 15.8% above its average consensus analyst price target of $196.06. Apple Inc shares have support at the 50-day moving average (MA) of $213.49 and additional support at the 200-day MA of $192.22.

In the past 52 weeks, shares of Apple Inc have traded between a low of $142.00 and a high of $233.28 and are now at $232.76, which is 64% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 0.8% while the 50-day MA has advanced 0.7%.

SmarTrend is tracking the current trend status for Apple Inc and will alert subscribers who have AAPL in their portfolio or watchlist when shares have changed trend direction.

Keywords: 52 week high/lows apple inc

Ticker(s): AAPL