Is Apple Inc (AAPL) a Stock to Watch After Losing -2.61% This Week?

The market has been down on Apple Inc (AAPL) stock recently. AAPL gets a Bearish score from InvestorsObserver Stock Sentiment Indicator.

Apple Inc has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on AAPL!

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What is Stock Sentiment?

Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score. As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend. Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish. InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion. For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.

What's Happening With AAPL Stock Today?

Apple Inc (AAPL) stock is lower by -0.05% while the S&P 500 has gained 0.23% as of 10:43 AM on Tuesday, Nov 29. AAPL is lower by -$0.07 from the previous closing price of $144.22 on volume of 15,708,896 shares. Over the past year the S&P 500 is lower by -14.66% while AAPL is lower by -10.04%. AAPL earned $6.11 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 23.58.

More About Apple Inc

Apple designs a wide variety of consumer electronic devices, including smartphones (iPhone), tablets (iPad), PCs (Mac), smartwatches (Apple Watch), AirPods, and TV boxes (Apple TV), among others. The iPhone makes up the majority of Apple's total revenue. In addition, Apple offers its customers a variety of services such as Apple Music, iCloud, Apple Care, Apple TV+, Apple Arcade, Apple Card, and Apple Pay, among others. Apple's products run internally developed software and semiconductors, and the firm is well known for its integration of hardware, software and services. Apple's products are distributed online as well as through company-owned stores and third-party retailers. The company generates roughly 40% of its revenue from the Americas, with the remainder earned internationally. Click Here to get the full Stock Report for Apple Inc stock.