IYW

Apple Breaks Above 200-Day Moving Average - Bullish for AAPL

Credit: Shutterstock photo

In trading on Monday, shares of Apple Inc (Symbol: AAPL) crossed above their 200 day moving average of $166.00, changing hands as high as $167.26 per share. Apple Inc shares are currently trading up about 2.3% on the day. The chart below shows the one year performance of AAPL shares, versus its 200 day moving average:

Apple Inc 200 Day Moving Average Chart

Looking at the chart above, AAPL's low point in its 52 week range is $142.20 per share, with $183.50 as the 52 week high point - that compares with a last trade of $166.13.

According to the ETF Finder at ETF Channel, AAPL makes up 15.99% of the iShares U.S. Technology ETF (Symbol: IYW) which is trading up by about 0.6% on the day Monday.

Click here to find out which 9 other dividend stocks recently crossed above their 200 day moving average »

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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