AAPL stock showed bearish momentum with -2.41% movement on Jan 10, 2025

APPLE INC. stock analysis on 01-11-2025, Saturday

    Date:  Jan 10, 2025 (Friday)
    
    open  :  $240.02
    close :  $236.85
    low   :  $233.00
    high  :  $240.15 
    
    previous close:  $242.70 
    

Also check: Tool to spot which candlestick has formed

On Jan 10, 2025 (Friday), APPLE INC. (AAPL) in the Technology sector showed bearish momentum of -2.41% relative to previous day's close. The stock belongs to the Consumer Electronics industry within the Technology sector.

At the opening bell, the stock started with a moderate gap down at $240.02, compared to the previous close of $242.70 (a moderate gap down of -1.10%).

APPLE INC. which is a Large-Cap stock hit a high of $240.15 and a low of $233.00, creating a trading range of $7.15. The price movement for the day was -1.32% lower than the opening price.

During the day's session, the APPLE INC. saw a significant increase in trading activity, trading 58,293,813 shares, which is up 29.35% from the average of 45,067,829 shares. This surge in volume suggests heightened investor interest or a major event driving the stock's movement.

The stock showed moderate volatility (3.02%) with movement between $233.00 and $240.15.

If we look at the last 30 days daily chart, the stock has been in a downtrend, and today's close < open forms a bearish candle, reinforcing the trend and signaling strong selling pressure as bearish sentiment persists.

Disclaimer: This analysis is provided solely for educational purposes and does not include any recommendations. For any financial decisions, it’s advised to consult with your financial advisor.

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