Apple Inc: Out of consolidation to the downside

by Bridget Apple Inc ($AAPL) has been consolidating in a range from 125 to 133. That consolidation appears to have run it’s course as Apple Inc is rolling over, currenty down -1.77% at $123.62 on volume of 30,551,400 shares (0.59 times the typical daily volume).

52 Week Range $92.57-$134.54 Market Cap 711,717,646,200 Average Volume 46,549,311 Dividend Yield 1.65% Institutional Ownership 63.20% Insider Ownership: 0.00% Percentage of Float Short 1.10% Beta 0.93

Apple Inc is below the 50 day moving average and above the 200 day moving average. These are bearish, bearish indicators respectively.

Apple Inc Apple Inc designs, manufactures, & markets mobile communication & media devices, personal computers, & portable digital music players, & sells a variety of related software, services, accessories, networking solutions, & third-party digital content.

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