Apple shares approach a critical level in the worst beginning since 2008: “When the names begin to flirt with them … you are somewhat confidence” – Apple (NASDAQ: AAPL)
Apple Company Apple She witnessed a turbulent start until 2025, when her shares approach a large level that may indicate more losses if penetrated, according to analysts.
What happened: Since the beginning of the year, the technology giant shares have decreased by 11 %, making it the weakest performance in the “Magnificent 7” group. This decline contrasts starkly with the Standard & Poor’s 500 index, which has witnessed 4 % gains, to a new record.
Apple has been witnessing the most difficult beginning of this year since 2008. The share decrease has led to its approaching the moving average for 200 days, an important technical indicator that many traders consider a long -term support level.
“When the names begin to flirt with this name or begin to penetrate under it, you lose confidence in the bullish trend of this name remains healthy.” Todd SunHe is one of the traded investment funds and a technical strategic expert at Strategas Securities LLC. He said Bloomberg.
See also: Steve Jobs, co -founder of Apple, said in 1981 that the houses were not ready for personal computers – and after three years, Cuperno launched a Macintosh device and made history
Why do it matter: Apple’s position is now risky. Until recently, the world was the most valuable in the world and had the largest weight in the S&P 500 index. However, as it declined, NVIDIA has now exceeded Apple in terms of market value.
Despite the sales that the Apple company witnessed, the S& P 500 index continued to rise. However, if other major technology shares begin to decrease, this may indicate a problem on the emerging market, which is now going through its third year. “This is certainly the ability to create more risks to these main indicators,” Katie said. ” Stockon, Administrative partner and founder of Fairlead Strategies LLC
Apple is scheduled to announce its quarterly profits on January 30, after the market is closed, a event that investors closely watch. Despite the current performance of the stock, analysts are still optimistic about the future of Apple. Laura MartinNeedham’s analyst believes that Apple’s dependence on iPhone is still valid, but wearable services and devices provide growth capabilities. In addition, And my mother Mohan Bank of America Securities expect that Apple’s profits in the first quarter may not miss anything, despite the weak iPhone cycle.
Earlier this week, the president Donald Trump Apple announced that it is planning a huge investment in the United States. This was part of the Trump initiative to accelerate the investments of major companies in the United States
Price movement: The shares of Apple fell low by 0.39% on Friday. Since the beginning of the year, the company’s shares have lost 8.64% It was mentioned by Benzena Pro.
See more Benzinga’s Consumer Tech coverage by By following this link.
Read the following:
Slip: This content was partially produced with the help of Benzinga Neuro and was reviewed and published by Benzinga editors.
Small photo: Stradoc
Market news and data provided by Benzinga Apis
© 2025 Banznaga.com. Benzinga does not provide investment advice. All rights reserved.