Bernie Schaeffer
Bernie Schaeffer On Charts

Apple's One-Year Return Swings Into the Red

Posted By: Bernie Schaeffer 01/25/2013

Click to Expand

Year-Over-Year Comparisons for AAPL Will Get Tougher from Here
view all

Trader Comments

Bernie Schaeffer:

By moving below $446 (roughly), Apple Inc.'s (AAPL) one-year return has now turned negative.

Please note that these year-over-year returns vary day to day, not only with the current share price level but also with the price level of a year ago.

But given the sharp rally by AAPL in 1Q 2012, the "bar" for positive Y-O-Y returns is pretty much going to get higher and higher each day.

Tony Venosa:

One interesting level to note is the $352 level which happens to be half the all-time high, the 200-week moving average, and a technical support area from 2011.

Related Charts

9 Levels to Watch for Apple Inc.

Bernie Schaeffer 12/04/2013

Keep an Eye on Twitter Around $40

Bernie Schaeffer 11/19/2013

Another Reason to Watch Dow 15,000

Bernie Schaeffer 10/07/2013

Grading Stocks, Bonds, and Gold

Bernie Schaeffer 02/01/2013

Two Speed Bumps for Builders

Todd Salamone 10/17/2012

Partner Center

© 2014 Schaeffer's Investment Research, Inc. 5151 Pfeiffer Road, Suite 250, Cincinnati, Ohio 45242 Phone: (800) 448-2080 FAX: (513) 589-3810 Int'l Callers: (513) 589-3800 Email: service@sir-inc.com

All Rights Reserved. Unauthorized reproduction of any SIR publication is strictly prohibited.

Market Data provided by QuoteMedia.com | Data delayed 15-20 minutes unless otherwise indicated.