Investors can use this prediction interface to forecast Apple historic prices and determine the direction of Apple Inc future trends based on various well-known forecasting models. However looking at historical price movement exclusively is usually misleading. Macroaxis recommends to always use this module together with analysis of Apple historical fundamentals such as revenue growth or operating cash flow patterns. Although naive historical forecasting may sometimes provide an important future outlook for the firm we recommend to always cross-verify it against solid analysis of Apple Inc systematic risks associated with finding meaningful patterns of Apple fundamentals over time. Check also Historical Fundamental Analysis of Apple
to cross-verify your projections.
Apple Inc has current Price Action Indicator of 0.485. Price Action indicator evaluates an asset for a given trading period using the following formula: ((close - open) + (close - high) + (close - low)) / 2. This indicator is consistent with the interpretation of Japanese candlestick patterns.
Apple Trading Date Momentum
|On May 22 2017 Apple Inc was traded for 153.84 at the closing time. The top price for the day was 154.58 and the lowest listed price was 152.91 . The trading volume for the day was 12.4 M. The trading history from May 22, 2017 did not affect price variability. The overall trading delta against the current closing price is 0.10% . |
Price Action Indicator (or PAIN) was developed by Michael B. Geraty and published in 'Futures' magazine in August 1997.