Where Will Apple Inc (AAPL) Stock Go Next After It Has Gained 3.59% in a Week?

Overall market sentiment has been neutral on Apple Inc (AAPL) stock lately. AAPL receives a Neutral rating from InvestorsObserver Stock Sentiment Indicator.

Apple Inc has a Neutral 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 uses short term technical analysis to gauge whether a stock is desired by investors. As a technical indicator, it focuses on recent trends as opposed to the long term health of the underlying company. Updates for the company such as a earnings release can move the stock away from current trends. Recent trends are a good indicator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive. InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend. Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .

What's Happening With AAPL Stock Today?

Apple Inc (AAPL) stock is trading at $140.75 as of 10:57 AM on Tuesday, Jun 28, a drop of -$0.91, or -0.64% from the previous closing price of $141.66. The stock has traded between $140.37 and $143.42 so far today. Volume today is light. So far 16,208,076 shares have traded compared to average volume of 92,621,716 shares. To screen for more stocks like Apple Inc click here.

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.