Apple stock: -7.2% post-earnings, the signal holds
Apple stock drops 7.2% after earnings, but the buy signal holds in its third week
Apple stock: -7.2% post-earnings, the signal holds
Our view last week
Apple closes the week nearly flat, down 0.2%, but the stock stays glued to its record highs, with buyers still dominating the tape (89% of volume on the buy side) and money flow firmly positive. Apple's weekly technical analysis this week echoes last week's story: a clean double bottom and a buy signal that keeps holding, even as the latest candle shows the first signs of fading conviction. With earnings due this very week, caution stays the rule for any fresh entry.
This week's summary
Apple stock took the hit from its earnings reaction: the week closes down 7.2%, with the last session showing extreme seller dominance and buyers clearly on the back foot. Despite the shakeout, the weekly technical analysis stays tilted bullish - moving averages aligned, price above the Ichimoku cloud - and the buy signal, in its third week, is still holding. Setup quality is ordinary, at 59 out of 100, and the stock ranks 21st among the 120 open buys in US stocks.
IQS Phase
59
ordinary
Signal Strength
66
medium
Sizing
STANDARD
Ranking
#21 / 120
US stocks in progress
Trade P&L %
-2.03%
from signal to date, no stop loss
Rank position
ranks 21st among the 120 Longs already running for US stocks in our ranking, with a signal strength of 66 out of 100.
Sector context
SectorGrowth Tech
Benchmark ETFXLK
Sector regimeweak phase
Performanceweekly -0.30% · monthly -5.53%
AAPL belongs to the growth tech sector (reference ETF XLK). The sector is classified weak phase according to our weekly reading.
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