Stock market analytics, financial forecasts

Forexmart's Market Analysis section provides up-to-date information about the financial market. The overviews are intended to give you an insight into current trends, financial forecasts, global economic reports, and political news that influence the market.

Disclaimer:  Information provided here to retail and professional clients does not contain and should not be construed as containing investment advice or an investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance.

AAPL stock price analysis for September 22nd, 2023.
07:48 2023-09-22 UTC--4
Exchange Rates analysis

Red line -resistance

Green line- support

Blue lines- Fibonacci retracement levels

AAPL stock price remains under pressure. Price closed yesterday below $174 after forming another lower high. Price is now challenging the support area around $172. As long as price is below the red downward sloping resistance trend line, AAPL stock will be vulnerable to more downside. A break below $172 will open the way for a bigger decline. A break below the green support area will open the way for a decline towards the 50% Fibonacci retracement at $161. If support at $172 holds, we could see bulls trying to test the red resistance trend line at $184.

Feedback

ForexMart is authorized and regulated in various jurisdictions.

(Reg No.23071, IBC 2015) with a registered office at Shamrock Lodge, Murray Road, Kingstown, Saint Vincent and the Grenadines

Restricted Regions: the United States of America, North Korea, Sudan, Syria and some other regions.


© 2015-2025 Tradomart SV Ltd.
Top Top
Risk Warning:
Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.
Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.