Apple testing support at the 21 day moving average

Apple Inc ($AAPL) is testing support today on heavier than average volume. Apple was last at $548.01 on a volume of 16,584,200 shares, well above the average daily volume of 11 million shares. The 21 day moving average has served as support since July, excluding September’s island reversal.

52 Week Range $385.10-$575.14
Market Cap 492,579,562,860
Average Volume 11,202,116
Dividend Yield 2.20%
Institutional Ownership 62.90%
Insider Ownership: 0.70%
Percentage of Float Short 1.90%
Beta 0.84

Apple Inc designs, manufactures, and markets personal computers, mobile communication devices, media devices personal computers, and portable digital music players, and sells various related software, services, peripherals and networking solutions.


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