Whether you are an investor or just interested in the stock market, you might want to know how the Apple share price has evolved in recent years. This article will give you a brief history of the company and its products and services, as well as provide you with an overview of the market capitalization, earnings per share (EPS), and support and resistance levels. You’ll also learn how to use technical analysis to identify possible opportunities to buy and sell shares.
History
Using time series data, this paper will show you the history of Apple’s stock price. From a purely monetary point of view, the company has been a market darling for the past few years, even surpassing ExxonMobil as the global leader in market capitalization.
The company makes a variety of products, from the iPhone to the iPad, Mac to the Wearables. It also provides digital content, cloud services, and advertising, among others. Its headquarters are located in Cupertino, California, and it employs around 200,000 people.
The iPhone was the first smartphone to hit the mass market, and it revolutionized the cell phone industry. It was also the first to sell 5 million units during its opening weekend.
Earnings per share (EPS)
EPS, or earnings per share, is a measure of profitability and is one of the most important performance indicators for investors. It provides a company’s profit divided by the number of outstanding shares. Compared to other metrics, a higher EPS indicates a profitable company and therefore a higher stock price.
For the most part, a company reports its EPS quarterly. It can be calculated using several forms. The most basic form accounts only for common shares, but analysts often use variations. These include excluding extraordinary items, calculating EPS on a diluted basis, and accounting for potential share dilution.
Market capitalisation
During the recent market turmoil, Apple became a safe haven for investors. With its booming cash flow, strong balance sheet, and prodigious product line, Apple has been able to increase its value over time.
One of the best ways to determine the value of a company is its market capitalization. This is the sum total of the equity of the company, calculated by multiplying the share price by the number of shares outstanding. It is not to be confused with the book value of the firm.
As the largest company by market cap, Apple also has the distinction of being the world’s first $1 trillion company. This is a significant milestone in the history of the stock market. In August 2018, the company reached this landmark.
Technical analysis
Using technical analysis, investors can learn about the past, present, and future price movements of a security. These techniques can help investors make sound investment decisions and reduce overall portfolio volatility.
One of the main components of Apple’s technical analysis is the Relative Strength Index (RSI). The indicator looks at the 14-day moving average of stock gains or losses. This helps traders determine if the AAPL stock is overbought or oversold.
The RSI generated a buy signal for the AAPL stock recently. The MACD also produced a sell signal for the stock. The stock has been declining in recent weeks and could break down from the $150 level. The breakdown from this level would send the stock down to the $80-110 zone.
Support and resistance levels
Regardless of whether you’re an experienced trader or a novice, you need to be aware of support and resistance levels. These are areas that help traders identify price trends and whether they should buy or sell.
Typically, a support level represents a price level below the current market price. A resistance level is a level where the price stops rising. The higher the level, the more difficult it is to move the asset beyond it.
Support and resistance levels are not the only technical indicators used by traders. Some of the more popular indicators include moving averages and trendlines. A trendline is a line that shows the speed of a particular price movement. It can also show periods of price contraction.
