Apple (NASDAQ:AAPL) Stock Price Trend Forecast and Market Analysis-2022.12.27

Apple Inc.(NASDAQ:AAPL) stock price trend forecast and market analysis: 2022.12.27 From the stock chart analysis, the recent stock price fell below $130 again, $0.3  away from the previous lowest point of $128.43. The probability of the stock price choosing the direction of fluctuation is high, and if it falls below $128, it may start a downtrend at the mid-level level, and the downside target price is expected to be between $100 and $105. If it bounces upwards, the short-term target price is $145. Recently, the correlation between stock prices and the NASDAQ index is very high, and the focus is on whether the index breaks downward. Short-term bids are recommended above $130, with a stop price of $128 and a target price between $145 and $152. The mid-line bid price is $130, the stop price is $128, and the target price is between $150 and $155, and the overall trend of the stock price remains dominated by a large range of bands. The stock price is under obvious pressure in the long term, and it is only a matter of time before it falls below $130. From a fundamental point of view, Q4 2022 achieved operating income of US$90.146 billion, YoY + 8.14%, net profit attributable to common shareholders of US$20.721 billion, YoY + 0.83%, and EPS of US$1.29. Quarterly dividend of $0.23 per share. R&D expenses were US$6.761 billion, YoY+17.13%. The fundamentals show signs of weakening, it is not recommended to hold in the medium and long term, and the current stock price is only suitable for a short-term rebound. It is recommended to use only stock graphics as a trading strategy.

Historical Forecast Record:

2022.11.07 From the technical chart, the stock price is in a downward trend for a long time, the middle line is in a large range of oscillation, the fluctuation range is between $130-$170, the short-term has signs of a downward break, it is recommended that short-term trading is backed by $135 high selling low absorption or Bo rebound, stop loss of $130, temporarily not covering back, as for medium-term trading, around $135 can first enter a small part of the position, after full adjustment and then increase the position. The stock price is under obvious pressure in the long term, and it is only a matter of time before it falls below $130.

2021.11.04From the technical chart, the stock price is at a high level from the medium and long-term perspective, and it is held long. In the short term, it has stood on the 60-day moving average, challenging the previous high at any time, focusing on the upper pressure levels of $160 and $165. From a fundamental point of view, according to the fourth quarter report of 2021, the company’s operating income continued to maintain a growth rate of 29%, with a net profit of 20.551 billion US dollars, an increase of 62% over last year.

2021.10.14 From the technical chart, the stock price has fallen below the 60-day moving average, it is recommended that the medium and long-term funds leave the market and wait and see, there is some support at $138 in the near future, and short-term trading can be fast-forward and fast out above $138. From a fundamental point of view, the company’s operating income continues to maintain a rapid growth rate, for such enterprises, it is not easy to say, and it is mostly held for a long time.

Key Quote Data:

52 Week Range: 128.72-182.94

P/E Ratio(TTM): 21.31

EPS(TTM): $6.1

Market Cap: $2,097.64B

Number of employees: 164000 historical data 147000

Summary of recent financial statements

2022.10.26 In fiscal year 2022, Q4 achieved net sales of $90.146b, YoY+8.14%, net profit attributable to common shareholders of US$20.721 billion, YoY+0.83%, and EPS of US$1.29. Quarterly dividend of $0.23 per share. R&D expenses were US$6.761b, YoY+17.13%. FOURTH-QUARTER REVENUE WAS $90.15 BILLION, ESTIMATED AT $88.64 BILLION; FOURTH-QUARTER EARNINGS PER SHARE WERE $1.29, ESTIMATED $1.26; FOURTH-QUARTER IPAD REVENUE WAS $7.17 BILLION, ESTIMATED AT $7.81 BILLION; IPHONE REVENUE WAS FUSSY URL. $42.63 BILLION, ESTIMATED AT $42.67 BILLION; AND WEARABLES, HOME AND ACCESSORIES IN THE FOURTH QUARTER WAS $9.65 BILLION, ESTIMATED AT $8.8 BILLION. Q4 net profit was $20.721 billion, compared with market expectations of $20.526 billion. Q4 Greater China revenue was US$15.47 billion, up 6.2% year-over-year. As of the end of the fourth quarter of fiscal 2022, cash holdings and cash equivalents totaled $23.65 billion, down 32% year-over-year, and the market expected $27.63 billion.

About Apple Inc.

Apple revolutionized personal technology with the introduction of the Macintosh in 1984. Today, Apple leads the world in innovation with iPhone, iPad, Mac, Apple Watch, and Apple TV. Apple’s five software platforms — iOS, iPadOS, macOS, watchOS, and tvOS — provide seamless experiences across all Apple devices and empower people with breakthrough services including the App Store, Apple Music, Apple Pay, and iCloud. Apple’s more than 100,000 employees are dedicated to making the best products on earth, and to leaving the world better than we found it.

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