Barchart.com's Chart of the Day - Apple
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 AAPL - Apple Inc
SymLastChgPct
AAPL270.71+5.13+1.93%

The Barchart Chart of the Day belongs electronic company Apple (AAPL). I found the stock by using Barchart's powerful screening tool to find the stocks with the highest Weighted Alpha and technical buy signals, then sorted the list by the most frequent number of new highs in the last month. I then used the Flipchart feature to review the charts for consistent price appreciation. Since the Trend Spotter signaled a buy on 8/19 the stock gained 24.86%.

Apple Inc. is engaged in designing, manufacturing and marketing mobile communication and media devices, personal computers, and portable digital music players. The Company's products and services include iPhone, iPad, Mac, iPod, Apple TV, a portfolio of consumer and professional software applications, the iOS and Mac OS X operating systems, iCloud, and a range of accessory, service and support offerings. It sells its products worldwide through its online stores, its retail stores, its direct sales force, third-party wholesalers, and resellers. Apple Inc. is headquartered in Cupertino, California.

AAPL

Barchart's Opinion Trading systems are listed below. Please note that the Barchart Opinion indicators are updated live during the session every 10 minutes and can therefore change during the day as the market fluctuates. The indicator numbers shown below therefore may not match what you see live on the Barchart.com website when you read this report.

Barchart technical indicators:

  • 100% technical buy signals
  • 51.00+ Weighted Alpha
  • 40.60% technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 17 new highs and up 11.35% in the last month
  • Relative Strength Index 75.64%
  • Technical support level at 262.10
  • Recently traded at 262.64 with a 50 day moving average of 234.83

Fundamental factors:

  • Market Cap $1.18 trillion
  • P/E 22.11
  • Dividend yield 1.18%
  • Revenue expected to grow 5.70% this year and another 7.80% next year
  • Earnings estimated to increase 9.40% this year, an additional 14.40% next year and continue to compound at an annual rate of 9.86% for the next 5 years
  • Wall Street analysts issued 11 strong buy, 21 buy and 6 hold recommendations on the stock
  • The individual investors following the stock on Motley Fool voted 29,894 to 2,335 that the stock will beat the market
  • 2,110,000 investors are monitoring the stock on Seeking Alpha