AAPL Price Prediction, Apple AI Recommendations

AAPL in +2.76% Uptrend, rising for three consecutive days on March 21, 2023

Moving higher for three straight days is viewed as a bullish sign. Keep an eye on this stock for future growth. Considering data from situations where AAPL advanced for three days, in 260 of 341 cases, the price rose further within the following month. The odds of a continued upward trend are 76%.

Technical Analysis (Indicators)

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on March 06, 2023. You may want to consider a long position or call options on AAPL as a result. In of 73 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for AAPL just turned positive on March 16, 2023. Looking at past instances where AAPL's MACD turned positive, the stock continued to rise in of 38 cases over the following month. The odds of a continued upward trend are .

The Aroon Indicator entered an Uptrend today. In of 392 cases where AAPL Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Bearish Trend Analysis

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 4 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where AAPL declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

Fundamental Analysis (Ratings)

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 85, placing this stock better than average.

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating very strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to consistent earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. AAPL’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is significantly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (44.053) is normal, around the industry mean (46.189). P/E Ratio (26.810) is within average values for comparable stocks, (51.469). Projected Growth (PEG Ratio) (2.669) is also within normal values, averaging (1.925). AAPL has a moderately low Dividend Yield (0.006) as compared to the industry average of (0.031). P/S Ratio (6.592) is also within normal values, averaging (54.065).

AAPL is expected to report earnings to fall 23.94% to $1.43 per share on April 27

Q1'23

Est.

$1.43

Q4'22

Missed

by $0.06

Q3'22

Beat

by $0.03

Q2'22

Beat

by $0.04

Q1'22

Beat

by $0.10

AAPL paid dividends on February 16, 2023