Apple (AAPL) stock technicals Jan 5, 2015

AAPL is on a 4-day streak of downdays that has brought the share price down to 109,33. Friday’s intraday low @ 107,35 was a 2-week low. The daily trend is down as long as price stays below $112, which is the confluence of its 10-, 20- and 50-day SMAs. A daily close below 106, which would mark a 2-month low, can set the longer-term uptrend in danger and open the way to a test of $100.

AAPL, daily chart (3 months):


Chart courtesy of

Please read the Disclaimer!