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Next Resistance Level for Apple Inc (AAPL) is $241.68

By Shiri Gupta

Shares of Apple Inc (NASDAQ:AAPL) opened today above their pivot of $239.06 and have already reached the first level of resistance at $240.80. Investors may be interested in a cross of the next upside pivot targets of $241.68 and $244.30.

Apple Inc (NASDAQ:AAPL) is currently priced 18.7% above its average consensus analyst price target of $196.06. Apple Inc shares have support at the 50-day moving average (MA) of $218.40 and additional support at the 200-day MA of $195.10.

Apple Inc share prices have moved between a 52-week high of $241.52 and a 52-week low of $142.00 and are now trading 70% above that low price at $241.11 per share. The 200-day and 50-day moving averages have moved 0.67% higher and 0.98% higher over the past week, respectively.

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: pivot alerts apple inc

Ticker(s): AAPL