Quick Answer: Is Apple Bullish Or Bearish?

What is the target price for Apple?

Average Price Target

Based on 35 analysts offering 12 month price targets for Apple in the last 3 months.

The average price target is $306.90 with a high forecast of $370.00 and a low forecast of $225.00.

The average price target represents a 10.82% increase from the last price of $276.93.

Will Apple stock keep rising?

Apple stock closed down yesterday and is little changed today, but AAPL stock is still up a whopping 67% this year. Some analysts believe that Apple stock can still rise further. On Wednesday, Morgan Stanley set a target on Apple stock of $296, about 12.5% above its current level.

What is the resistance for Apple on a monthly chart?

Apple Inc (AAPL)

Support/Resistance LevelsPrice
1-Month Low212.61
14 Day RSI at 30%179.70
52-Week Low170.27
14 Day RSI at 20%72.47

43 more rows

Why has Apple stock gone up?

Apple stock has doubled since the start of 2019.

Driving the stock higher has been anticipation of a rebound in iPhone sales when the first 5G models are launched later this year, as well better-than-expected iPhone 11 demand and enthusiasm about the company’s services and wearables segments.