Shares of Apple (AAPL) soared on Friday, crossing above their 200 day moving average of $181.25 and reaching as high as $187.00 per share. The stock is currently trading up about 6.6% on the day, indicating a positive trend for the tech giant.
The chart depicting the one year performance of AAPL shares compared to its 200 day moving average shows a strong upward trajectory. With a low point of $164.075 and a high point of $199.62 in the past 52 weeks, the stock’s last trade at $184.75 suggests a potential for further growth in the near future.
Investors are keeping a close eye on Apple’s performance as it continues to surpass expectations. The company’s ability to exceed its 200 day moving average indicates a bullish trend that could lead to more gains in the coming days.
TechnicalAnalysisChannel.com provides valuable insights on AAPL’s DMA information, giving investors a better understanding of the stock’s performance and potential for growth. This data is crucial for making informed decisions regarding investments in Apple.
With the stock market constantly fluctuating, it is essential for investors to stay informed about the movements of key players like Apple. The company’s recent surge above its 200 day moving average is a positive sign for shareholders and could signal future opportunities for growth and profitability.
As Apple continues to outperform expectations and reach new highs in its stock price, investors are optimistic about the company’s potential for further growth. The recent surge above the 200 day moving average is a clear indication of the stock’s strength and resilience in the market, providing a promising outlook for shareholders.
