Apple’s stock has clearly lost its bullish momentum this year, and the chart you shared sums it up perfectly.
Let’s break down what’s happening and why investors are shifting focus to companies like Nvidia and Microsoft.
Chart Says:
Weak Rebounds (green), Bearish Pressure (blue channels are now more agresive)
Downtrend Channels: The chart shows Apple forming lower highs and lower lows, bouncing inside downward channels (not real channels, but are very ilustrative of how the price is moving trendy or not in each direction).
Each recovery (green) is weaker than the last, and the most recent upward move is still capped by resistance.
Bearish Patterns: The price action is dominated by failed breakouts and new descending channels, signaling that sellers are in control.
Volume & Participation: There’s no strong buying volume to support a real reversal. This makes any rally fragile and prone to quick pullbacks.
Why Is the Market Doubting Apple?
Slowing Growth: Apple’s revenue growth has stalled, especially in China, where sales dropped 13% year-over-year. The latest iPhone launch was underwhelming, and services aren't growing fast enough to offset weak hardware sales.
Falling Behind in AI: While Nvidia and Microsoft are leading the AI revolution, Apple is seen as late to the party. Their recent AI announcements disappointed investors looking for bold innovation.
External Pressures: New tariffs and global tensions are hitting Apple harder than its peers, since more than 60% of its sales are international.
Analyst Downgrades: Several analysts have lowered their price targets and ratings, reflecting concerns about Apple’s future growth. We've recently seen someanalyst showing prices under $200.
Key Takeaway
Apple is struggling to regain its former strength. The chart shows persistent bearishness, and the fundamentals back it up: slow growth, weak innovation, and external risks. Meanwhile, Nvidia and Microsoft are capturing investor attention with explosive growth and leadership in AI.
Until Apple delivers a real catalyst, the path of least resistance remains down or sideways, not up.
Do you think apple can surprise with some new AI innovation unexpected for all of us?
Let’s break down what’s happening and why investors are shifting focus to companies like Nvidia and Microsoft.
Chart Says:
Weak Rebounds (green), Bearish Pressure (blue channels are now more agresive)
Downtrend Channels: The chart shows Apple forming lower highs and lower lows, bouncing inside downward channels (not real channels, but are very ilustrative of how the price is moving trendy or not in each direction).
Each recovery (green) is weaker than the last, and the most recent upward move is still capped by resistance.
Bearish Patterns: The price action is dominated by failed breakouts and new descending channels, signaling that sellers are in control.
Volume & Participation: There’s no strong buying volume to support a real reversal. This makes any rally fragile and prone to quick pullbacks.
Why Is the Market Doubting Apple?
Slowing Growth: Apple’s revenue growth has stalled, especially in China, where sales dropped 13% year-over-year. The latest iPhone launch was underwhelming, and services aren't growing fast enough to offset weak hardware sales.
Falling Behind in AI: While Nvidia and Microsoft are leading the AI revolution, Apple is seen as late to the party. Their recent AI announcements disappointed investors looking for bold innovation.
External Pressures: New tariffs and global tensions are hitting Apple harder than its peers, since more than 60% of its sales are international.
Analyst Downgrades: Several analysts have lowered their price targets and ratings, reflecting concerns about Apple’s future growth. We've recently seen someanalyst showing prices under $200.
Key Takeaway
Apple is struggling to regain its former strength. The chart shows persistent bearishness, and the fundamentals back it up: slow growth, weak innovation, and external risks. Meanwhile, Nvidia and Microsoft are capturing investor attention with explosive growth and leadership in AI.
Until Apple delivers a real catalyst, the path of least resistance remains down or sideways, not up.
Do you think apple can surprise with some new AI innovation unexpected for all of us?
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.