AAPL is technically stretched following recent advances driven by pricing and product catalysts, though it remains a notable large-cap stock to monitor.
“The Rally Is Still Working, But It’s Getting Selective”
StockCharts TVPublished Aug 28 · 1 passage
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Let's take a look at Apple, which again is another M7 name. It advanced back above its shorter-term moving average, and a number of key drivers here. Apple did raise their subscription prices last week.
Also, this is viewed as being an advance going into the company's September new product showcase again. So, in the end, we are a bit stretched. We're back above the shorter-term moving average, but we do have that MACD dipping into positive territory, black line up through the red.
So, certainly one to keep an eye on in your larger-cap space.
What this channel has said about $AAPL
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2026-08-31Bullish
I would say there are only two that look, you know, pretty strong here going into the month of September in in terms of their technical setups. One would be Apple, which has had pretty good reaction post earnings here uh through the month of August.
Quote at 04:55 ›2026-08-28This one
Let's take a look at Apple, which again is another M7 name. It advanced back above its shorter-term moving average, and a number of key drivers here. Apple did raise their subscription prices last week. Also, this is viewed as being an advance going into the company's September new product showcase again. So, in the end, we are a bit stretched. We're back above the shorter-term moving average, but we do have that MACD dipping into positive territory, black line up through the red. So, certainly one to keep an eye on in your larger-cap space.