-0.67% Shift in AAPL Stock Points to Emerging bearish Momentum on Jan 24, 2025
Date: Jan 24, 2025 (Friday)
open : $224.98
close : $222.17
low : $221.41
high : $225.63
previous close: $223.66
Also check: Tool to spot which candlestick has formed
On Jan 24, 2025 (Friday), APPLE INC. (AAPL) in the Technology sector showed bearish momentum of -0.67% 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 minor gap up at $224.98, compared to the previous close of $223.66 (a minor gap up of 0.59%).
APPLE INC. which is a Large-Cap stock hit a high of $225.63 and a low of $221.41, creating a trading range of $4.22. The price movement for the day was -1.25% lower than the opening price.
During the day's session, the APPLE INC. traded 52,621,751 shares, showing a modest 9.63% change compared to the average of 47,998,746 shares. This indicates a fairly typical level of market activity, with no major deviations from average trading volume.
The stock experienced low volatility (1.90%), staying within a narrow range (the stock remained stable with a high of $225.63 and a low of $221.41).
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.