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Apple Inc DRC
Buy, Hold or Sell?

Let's analyse Apple together

PenkeI guess you are interested in Apple Inc DRC. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Apple Inc DRC. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

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Quick analysis of Apple (30 sec.)










What can you expect buying and holding a share of Apple? (30 sec.)

How much money do you get?

How much money do you get?
ARS0.00
When do you have the money?
1 year
How often do you get paid?
100.0%

What is your share worth?

Current worth
ARS0.80
Expected worth in 1 year
ARS0.99
How sure are you?
69.2%

+ What do you gain per year?

Total Gains per Share
ARS0.35
Return On Investment
0.0%

For what price can you sell your share?

Current Price per Share
ARS9,654.00
Expected price per share
ARS6,858 - ARS11,402
How sure are you?
50%
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1. Valuation of Apple (5 min.)




Live pricePrice per Share (EOD)

ARS9,654.00

Intrinsic Value Per Share

ARS9.42 - ARS10.86

Total Value Per Share

ARS10.22 - ARS11.66

2. Growth of Apple (5 min.)




Is Apple growing?

Current yearPrevious yearGrowGrow %
How rich?$88.9m$69.8m$7.7m10.0%

How much money is Apple making?

Current yearPrevious yearGrowGrow %
Making money$25.4b$24b$1.4b5.7%
Net Profit Margin25.9%24.4%--

How much money comes from the company's main activities?

3. Financial Health of Apple (5 min.)




4. Comparing to competitors in the Consumer Electronics industry (5 min.)




  Industry Rankings (Consumer Electronics)  


Richest
#3 / 130

Most Revenue
#1 / 130

Most Profit
#1 / 130
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What can you expect buying and holding a share of Apple? (5 min.)

Welcome investor! Apple's management wants to use your money to grow the business. In return you get a share of Apple.

What can you expect buying and holding a share of Apple?

First you should know what it really means to hold a share of Apple. And how you can make/lose money.

Speculation

The Price per Share of Apple is ARS9,654. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Apple.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Apple, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is ARS0.80. Based on the TTM, the Book Value Change Per Share is ARS0.05 per quarter. Based on the YOY, the Book Value Change Per Share is ARS-0.04 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is ARS0.04 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Apple.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 ARS% of Price per ShareARS% of Price per ShareARS% of Price per ShareARS% of Price per ShareARS% of Price per Share
Usd Eps0.370.0%0.260.0%0.260.0%0.270.0%0.270.0%
Usd Book Value Change Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Price Per Share22.54-14.85-4.67-7.16-7.16-
Price to Earnings Ratio15.24-13.79-4.60-6.69-6.69-
Price-to-Total Gains Ratio110,274.07-219,357.71--113,708.90-29,858.96-29,858.96-
Price to Book Ratio23,481.98-17,435.88-6,317.93-8,631.55-8,631.55-
Price-to-Total Gains Ratio110,274.07-219,357.71--113,708.90-29,858.96-29,858.96-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share11.5848
Number of shares86
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share0.000.00
Usd Total Gains Per Share0.000.00
Gains per Quarter (86 shares)0.010.01
Gains per Year (86 shares)0.040.04
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
100-1000-10
200-1000-10
300-1000-10
400-1000-10
500-1000-10
600-1000-10
700-1000-10
800-1000-10
900-1000-10
1000-1000-10

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share4.00.00.0100.0%12.00.00.0100.0%13.00.00.0100.0%13.00.00.0100.0%13.00.00.0100.0%
Book Value Change Per Share3.01.00.075.0%6.06.00.050.0%7.06.00.053.8%7.06.00.053.8%7.06.00.053.8%
Dividend per Share4.00.00.0100.0%12.00.00.0100.0%13.00.00.0100.0%13.00.00.0100.0%13.00.00.0100.0%
Total Gains per Share4.00.00.0100.0%8.04.00.066.7%9.04.00.069.2%9.04.00.069.2%9.04.00.069.2%
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Fundamentals of Apple

About Apple Inc DRC

Apple Inc. designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories worldwide. The company offers iPhone, a line of smartphones; Mac, a line of personal computers; iPad, a line of multi-purpose tablets; and wearables, home, and accessories comprising AirPods, Apple TV, Apple Watch, Beats products, and HomePod. It also provides AppleCare support and cloud services; and operates various platforms, including the App Store that allow customers to discover and download applications and digital content, such as books, music, video, games, and podcasts. In addition, the company offers various services, such as Apple Arcade, a game subscription service; Apple Fitness+, a personalized fitness service; Apple Music, which offers users a curated listening experience with on-demand radio stations; Apple News+, a subscription news and magazine service; Apple TV+, which offers exclusive original content; Apple Card, a co-branded credit card; and Apple Pay, a cashless payment service, as well as licenses its intellectual property. The company serves consumers, and small and mid-sized businesses; and the education, enterprise, and government markets. It distributes third-party applications for its products through the App Store. The company also sells its products through its retail and online stores, and direct sales force; and third-party cellular network carriers, wholesalers, retailers, and resellers. Apple Inc. was founded in 1976 and is headquartered in Cupertino, California.

Fundamental data was last updated by Penke on 2024-02-10 17:14:05.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge profit.
Using its assets, the company is very efficient in making profit.
Using its investors money, the company is very efficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating less efficient.
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is just not able to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is just able to pay all its debts by selling its assets.
The company is unable to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is expensive.
Based on the earnings, the company is underpriced.
Based on how much money comes from the company's main activities, the company is expensive.
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1.1. Profitability of Apple Inc DRC.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Apple earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare Apple to the Consumer Electronics industry mean.
  • A Net Profit Margin of 28.4% means that $0.28 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Apple Inc DRC:

  • The MRQ is 28.4%. The company is making a huge profit. +2
  • The TTM is 25.9%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ28.4%TTM25.9%+2.4%
TTM25.9%YOY24.4%+1.5%
TTM25.9%5Y25.6%+0.3%
5Y25.6%10Y25.6%0.0%
Compared to industry (Consumer Electronics)
PeriodCompanyIndustry (mean)+/- 
MRQ28.4%3.1%+25.3%
TTM25.9%1.4%+24.5%
YOY24.4%2.7%+21.7%
5Y25.6%2.3%+23.3%
10Y25.6%2.5%+23.1%
1.1.2. Return on Assets

Shows how efficient Apple is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Apple to the Consumer Electronics industry mean.
  • 8,075.2% Return on Assets means that Apple generated $80.75 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Apple Inc DRC:

  • The MRQ is 8,075.2%. Using its assets, the company is very efficient in making profit. +2
  • The TTM is 6,168.0%. Using its assets, the company is very efficient in making profit. +2
Trends
Current periodCompared to+/- 
MRQ8,075.2%TTM6,168.0%+1,907.2%
TTM6,168.0%YOY5,773.8%+394.3%
TTM6,168.0%5Y6,048.1%+119.9%
5Y6,048.1%10Y6,048.1%0.0%
Compared to industry (Consumer Electronics)
PeriodCompanyIndustry (mean)+/- 
MRQ8,075.2%0.8%+8,074.4%
TTM6,168.0%0.5%+6,167.5%
YOY5,773.8%0.7%+5,773.1%
5Y6,048.1%0.8%+6,047.3%
10Y6,048.1%0.8%+6,047.3%
1.1.3. Return on Equity

Shows how efficient Apple is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Apple to the Consumer Electronics industry mean.
  • 38,525.1% Return on Equity means Apple generated $385.25 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Apple Inc DRC:

  • The MRQ is 38,525.1%. Using its investors money, the company is very efficient in making profit. +2
  • The TTM is 32,523.8%. Using its investors money, the company is very efficient in making profit. +2
Trends
Current periodCompared to+/- 
MRQ38,525.1%TTM32,523.8%+6,001.3%
TTM32,523.8%YOY34,581.3%-2,057.5%
TTM32,523.8%5Y33,086.9%-563.1%
5Y33,086.9%10Y33,086.9%0.0%
Compared to industry (Consumer Electronics)
PeriodCompanyIndustry (mean)+/- 
MRQ38,525.1%1.7%+38,523.4%
TTM32,523.8%1.1%+32,522.7%
YOY34,581.3%2.1%+34,579.2%
5Y33,086.9%2.1%+33,084.8%
10Y33,086.9%2.1%+33,084.8%
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1.2. Operating Efficiency of Apple Inc DRC.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Apple is operating .

  • Measures how much profit Apple makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Apple to the Consumer Electronics industry mean.
  • An Operating Margin of 0.0% means the company generated $0.00  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Apple Inc DRC:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM7.0%-7.0%
TTM7.0%YOY29.2%-22.2%
TTM7.0%5Y22.9%-15.9%
5Y22.9%10Y22.9%0.0%
Compared to industry (Consumer Electronics)
PeriodCompanyIndustry (mean)+/- 
MRQ-0.9%-0.9%
TTM7.0%1.7%+5.3%
YOY29.2%3.2%+26.0%
5Y22.9%2.9%+20.0%
10Y22.9%2.6%+20.3%
1.2.2. Operating Ratio

Measures how efficient Apple is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Consumer Electronics industry mean).
  • An Operation Ratio of 1.20 means that the operating costs are $1.20 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Apple Inc DRC:

  • The MRQ is 1.204. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.246. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.204TTM1.246-0.042
TTM1.246YOY1.277-0.031
TTM1.2465Y1.265-0.020
5Y1.26510Y1.2650.000
Compared to industry (Consumer Electronics)
PeriodCompanyIndustry (mean)+/- 
MRQ1.2041.641-0.437
TTM1.2461.649-0.403
YOY1.2771.644-0.367
5Y1.2651.600-0.335
10Y1.2651.376-0.111
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1.3. Liquidity of Apple Inc DRC.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Apple is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Consumer Electronics industry mean).
  • A Current Ratio of 1.07 means the company has $1.07 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Apple Inc DRC:

  • The MRQ is 1.073. The company is just able to pay all its short-term debts.
  • The TTM is 0.996. The company is just not able to pay all its short-term debts. -1
Trends
Current periodCompared to+/- 
MRQ1.073TTM0.996+0.077
TTM0.996YOY0.902+0.093
TTM0.9965Y1.005-0.010
5Y1.00510Y1.0050.000
Compared to industry (Consumer Electronics)
PeriodCompanyIndustry (mean)+/- 
MRQ1.0731.614-0.541
TTM0.9961.587-0.591
YOY0.9021.614-0.712
5Y1.0051.673-0.668
10Y1.0051.580-0.575
1.3.2. Quick Ratio

Measures if Apple is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Apple to the Consumer Electronics industry mean.
  • A Quick Ratio of 0.41 means the company can pay off $0.41 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Apple Inc DRC:

  • The MRQ is 0.415. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.458. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.415TTM0.458-0.043
TTM0.458YOY0.550-0.092
TTM0.4585Y0.555-0.097
5Y0.55510Y0.5550.000
Compared to industry (Consumer Electronics)
PeriodCompanyIndustry (mean)+/- 
MRQ0.4150.670-0.255
TTM0.4580.647-0.189
YOY0.5500.716-0.166
5Y0.5550.783-0.228
10Y0.5550.802-0.247
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1.4. Solvency of Apple Inc DRC.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Apple assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Apple to Consumer Electronics industry mean.
  • A Debt to Asset Ratio of 0.79 means that Apple assets are financed with 79.0% credit (debt) and the remaining percentage (100% - 79.0%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Apple Inc DRC:

  • The MRQ is 0.790. The company is just able to pay all its debts by selling its assets.
  • The TTM is 0.812. The company is just able to pay all its debts by selling its assets.
Trends
Current periodCompared to+/- 
MRQ0.790TTM0.812-0.021
TTM0.812YOY0.832-0.020
TTM0.8125Y0.817-0.005
5Y0.81710Y0.8170.000
Compared to industry (Consumer Electronics)
PeriodCompanyIndustry (mean)+/- 
MRQ0.7900.511+0.279
TTM0.8120.493+0.319
YOY0.8320.518+0.314
5Y0.8170.510+0.307
10Y0.8170.530+0.287
1.4.2. Debt to Equity Ratio

Measures if Apple is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Apple to the Consumer Electronics industry mean.
  • A Debt to Equity ratio of 377.1% means that company has $3.77 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Apple Inc DRC:

  • The MRQ is 3.771. The company is unable to pay all its debts with equity. -1
  • The TTM is 4.337. The company is unable to pay all its debts with equity. -1
Trends
Current periodCompared to+/- 
MRQ3.771TTM4.337-0.566
TTM4.337YOY5.016-0.680
TTM4.3375Y4.510-0.173
5Y4.51010Y4.5100.000
Compared to industry (Consumer Electronics)
PeriodCompanyIndustry (mean)+/- 
MRQ3.7710.990+2.781
TTM4.3370.972+3.365
YOY5.0161.079+3.937
5Y4.5101.073+3.437
10Y4.5101.070+3.440
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2. Market Valuation of Apple Inc DRC

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every $1 in earnings Apple generates.

  • Above 15 is considered overpriced but always compare Apple to the Consumer Electronics industry mean.
  • A PE ratio of 15.24 means the investor is paying $15.24 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Apple Inc DRC:

  • The EOD is 7.832. Based on the earnings, the company is underpriced. +1
  • The MRQ is 15.238. Based on the earnings, the company is fair priced.
  • The TTM is 13.787. Based on the earnings, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD7.832MRQ15.238-7.407
MRQ15.238TTM13.787+1.451
TTM13.787YOY4.599+9.188
TTM13.7875Y6.693+7.094
5Y6.69310Y6.6930.000
Compared to industry (Consumer Electronics)
PeriodCompanyIndustry (mean)+/- 
EOD7.8328.553-0.721
MRQ15.2388.883+6.355
TTM13.7877.222+6.565
YOY4.59911.295-6.696
5Y6.69313.202-6.509
10Y6.69321.696-15.003
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Apple Inc DRC:

  • The EOD is 5,961.370. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is 11,599.169. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is 10,980.616. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD5,961.370MRQ11,599.169-5,637.799
MRQ11,599.169TTM10,980.616+618.553
TTM10,980.616YOY3,771.569+7,209.048
TTM10,980.6165Y5,438.724+5,541.892
5Y5,438.72410Y5,438.7240.000
Compared to industry (Consumer Electronics)
PeriodCompanyIndustry (mean)+/- 
EOD5,961.3703.830+5,957.540
MRQ11,599.1693.314+11,595.855
TTM10,980.6161.176+10,979.440
YOY3,771.5690.250+3,771.319
5Y5,438.7240.443+5,438.281
10Y5,438.7240.819+5,437.905
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2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Apple is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Consumer Electronics industry mean).
  • A PB ratio of 23,481.98 means the investor is paying $23,481.98 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Apple Inc DRC:

  • The EOD is 12,068.516. Based on the equity, the company is expensive. -2
  • The MRQ is 23,481.978. Based on the equity, the company is expensive. -2
  • The TTM is 17,435.879. Based on the equity, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD12,068.516MRQ23,481.978-11,413.461
MRQ23,481.978TTM17,435.879+6,046.098
TTM17,435.879YOY6,317.933+11,117.946
TTM17,435.8795Y8,631.549+8,804.331
5Y8,631.54910Y8,631.5490.000
Compared to industry (Consumer Electronics)
PeriodCompanyIndustry (mean)+/- 
EOD12,068.5161.393+12,067.123
MRQ23,481.9781.532+23,480.446
TTM17,435.8791.542+17,434.337
YOY6,317.9331.886+6,316.047
5Y8,631.5491.943+8,629.606
10Y8,631.5492.649+8,628.900
2. Total Gains per Share
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3. Summary

3.1. Key Performance Indicators

The key performance indicators of Apple Inc DRC compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--0.1290.047+175%-0.041+132%0.062+110%0.062+110%
Book Value Per Share--0.8000.698+15%0.629+27%0.686+17%0.686+17%
Current Ratio--1.0730.996+8%0.902+19%1.005+7%1.005+7%
Debt To Asset Ratio--0.7900.812-3%0.832-5%0.817-3%0.817-3%
Debt To Equity Ratio--3.7714.337-13%5.016-25%4.510-16%4.510-16%
Dividend Per Share--0.0410.041+0%0.040+3%0.040+3%0.040+3%
Eps--308.175219.514+40%216.191+43%224.445+37%224.445+37%
Free Cash Flow Per Share--0.4050.288+40%0.263+54%0.284+43%0.284+43%
Free Cash Flow To Equity Per Share--0.0750.014+450%-0.056+175%0.000+100%0.000+100%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--10.862--------
Intrinsic Value_10Y_min--9.417--------
Intrinsic Value_1Y_max--1.101--------
Intrinsic Value_1Y_min--1.082--------
Intrinsic Value_3Y_max--3.300--------
Intrinsic Value_3Y_min--3.150--------
Intrinsic Value_5Y_max--5.486--------
Intrinsic Value_5Y_min--5.092--------
Market Cap894277063557120.000-95%1740014539243520.0001146631972444160.000+52%360607916282880.000+383%552490529234313.875+215%552490529234313.875+215%
Net Profit Margin--0.2840.259+9%0.244+16%0.256+11%0.256+11%
Operating Margin---0.070-100%0.292-100%0.229-100%0.229-100%
Operating Ratio--1.2041.246-3%1.277-6%1.265-5%1.265-5%
Pb Ratio12068.516-95%23481.97817435.879+35%6317.933+272%8631.549+172%8631.549+172%
Pe Ratio7.832-95%15.23813.787+11%4.599+231%6.693+128%6.693+128%
Price Per Share9654.000-95%18784.00012378.250+52%3892.875+383%5964.308+215%5964.308+215%
Price To Free Cash Flow Ratio5961.370-95%11599.16910980.616+6%3771.569+208%5438.724+113%5438.724+113%
Price To Total Gains Ratio56675.142-95%110274.069219357.706-50%-113708.901+203%29858.960+269%29858.960+269%
Quick Ratio--0.4150.458-9%0.550-25%0.555-25%0.555-25%
Return On Assets--80.75261.680+31%57.738+40%60.481+34%60.481+34%
Return On Equity--385.251325.238+18%345.813+11%330.869+16%330.869+16%
Total Gains Per Share--0.1700.088+93%-0.001+101%0.102+68%0.102+68%
Usd Book Value--88920000.00077603400.000+15%69871500.000+27%76272646.154+17%76272646.154+17%
Usd Book Value Change Per Share--0.0000.000+175%0.000+132%0.000+110%0.000+110%
Usd Book Value Per Share--0.0010.001+15%0.001+27%0.001+17%0.001+17%
Usd Dividend Per Share--0.0000.000+0%0.000+3%0.000+3%0.000+3%
Usd Eps--0.3700.263+40%0.259+43%0.269+37%0.269+37%
Usd Free Cash Flow--45003600.00032060700.000+40%29249400.000+54%31521507.692+43%31521507.692+43%
Usd Free Cash Flow Per Share--0.0000.000+40%0.000+54%0.000+43%0.000+43%
Usd Free Cash Flow To Equity Per Share--0.0000.000+450%0.000+175%0.000+100%0.000+100%
Usd Market Cap1073132476268.544-95%2088017447092.2241375958366932.992+52%432729499539.456+383%662988635081.177+215%662988635081.177+215%
Usd Price Per Share11.585-95%22.54114.854+52%4.671+383%7.157+215%7.157+215%
Usd Profit--34256516640.00025481541630.000+34%24031629210.000+43%25281611981.539+35%25281611981.539+35%
Usd Revenue--120775533000.00097394622060.000+24%97856967870.000+23%98129659246.154+23%98129659246.154+23%
Usd Total Gains Per Share--0.0000.000+93%0.000+101%0.000+68%0.000+68%
 EOD+4 -4MRQTTM+28 -7YOY+29 -65Y+29 -610Y+29 -6

3.2. Fundamental Score

Let's check the fundamental score of Apple Inc DRC based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-157.832
Price to Book Ratio (EOD)Between0-112,068.516
Net Profit Margin (MRQ)Greater than00.284
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.415
Current Ratio (MRQ)Greater than11.073
Debt to Asset Ratio (MRQ)Less than10.790
Debt to Equity Ratio (MRQ)Less than13.771
Return on Equity (MRQ)Greater than0.15385.251
Return on Assets (MRQ)Greater than0.0580.752
Total6/10 (60.0%)

3.3. Technical Score

Let's check the technical score of Apple Inc DRC based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5025.044
Ma 20Greater thanMa 5010,830.450
Ma 50Greater thanMa 10015,906.240
Ma 100Greater thanMa 20016,258.050
OpenGreater thanClose9,650.000
Total1/5 (20.0%)



Reversals in quarterly reports

I have detected a reversal (positive to negative, negative to positive) in the following values of the quarterly reports.

 2022-12-312023-03-312023-06-302023-09-302023-12-31
Net Working Capital  -8,509,0001,347,000-7,162,0004,858,000-2,304,000562,000-1,742,00011,461,0009,719,000



Latest Balance Sheet

Balance Sheet of 2023-12-31. Currency in ARS. All numbers in thousands.

Summary
Total Assets353,514,000
Total Liabilities279,414,000
Total Stockholder Equity74,100,000
 As reported
Total Liabilities 279,414,000
Total Stockholder Equity+ 74,100,000
Total Assets = 353,514,000

Assets

Total Assets353,514,000
Total Current Assets143,692,000
Long-term Assets209,822,000
Total Current Assets
Cash And Cash Equivalents 40,760,000
Short-term Investments 32,340,000
Net Receivables 23,194,000
Inventory 6,511,000
Other Current Assets 13,979,000
Total Current Assets  (as reported)143,692,000
Total Current Assets  (calculated)116,784,000
+/- 26,908,000
Long-term Assets
Property Plant Equipment 43,666,000
Long Term Investments 99,475,000
Long-term Assets Other 66,681,000
Long-term Assets  (as reported)209,822,000
Long-term Assets  (calculated)209,822,000
+/-0

Liabilities & Shareholders' Equity

Total Current Liabilities133,973,000
Long-term Liabilities145,441,000
Total Stockholder Equity74,100,000
Total Current Liabilities
Short Long Term Debt 12,952,000
Accounts payable 58,146,000
Other Current Liabilities 54,611,000
Total Current Liabilities  (as reported)133,973,000
Total Current Liabilities  (calculated)125,709,000
+/- 8,264,000
Long-term Liabilities
Long term Debt 95,088,000
Long-term Liabilities Other 50,353,000
Long-term Liabilities  (as reported)145,441,000
Long-term Liabilities  (calculated)145,441,000
+/-0
Total Stockholder Equity
Retained Earnings 8,242,000
Total Stockholder Equity (as reported)74,100,000
Total Stockholder Equity (calculated)8,242,000
+/- 65,858,000
Other
Capital Stock75,236,000
Common Stock Shares Outstanding 15,460,223
Net Debt 67,280,000
Net Invested Capital 182,140,000
Net Working Capital 9,719,000
Property Plant and Equipment Gross 116,176,000



Balance Sheet

Currency in ARS. All numbers in thousands.

 Trend2023-12-312023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-31
> Total Assets 
354,054,000
337,158,000
329,840,000
351,002,000
381,191,000
350,662,000
336,309,000
352,755,000
346,747,000
332,160,000
335,038,000
352,583,000
353,514,000
353,514,000352,583,000335,038,000332,160,000346,747,000352,755,000336,309,000350,662,000381,191,000351,002,000329,840,000337,158,000354,054,000
   > Total Current Assets 
154,106,000
121,465,000
114,423,000
134,836,000
153,154,000
118,180,000
112,292,000
135,405,000
128,777,000
112,913,000
122,659,000
143,566,000
143,692,000
143,692,000143,566,000122,659,000112,913,000128,777,000135,405,000112,292,000118,180,000153,154,000134,836,000114,423,000121,465,000154,106,000
       Cash And Cash Equivalents 
36,010,000
38,466,000
34,050,000
34,940,000
37,119,000
28,098,000
27,502,000
23,646,000
20,535,000
24,687,000
28,408,000
29,965,000
40,760,000
40,760,00029,965,00028,408,00024,687,00020,535,00023,646,00027,502,00028,098,00037,119,00034,940,00034,050,00038,466,00036,010,000
       Short-term Investments 
40,816,000
31,368,000
27,646,000
27,699,000
26,794,000
23,413,000
20,729,000
24,658,000
30,820,000
31,185,000
34,074,000
31,590,000
32,340,000
32,340,00031,590,00034,074,00031,185,00030,820,00024,658,00020,729,00023,413,00026,794,00027,699,00027,646,00031,368,00040,816,000
       Net Receivables 
58,620,000
33,036,000
33,908,000
51,506,000
65,253,000
45,400,000
42,242,000
60,932,000
54,180,000
17,936,000
39,186,000
29,508,000
23,194,000
23,194,00029,508,00039,186,00017,936,00054,180,00060,932,00042,242,00045,400,00065,253,00051,506,00033,908,00033,036,00058,620,000
       Inventory 
4,973,000
5,219,000
5,178,000
6,580,000
5,876,000
5,460,000
5,433,000
4,946,000
6,820,000
7,482,000
7,351,000
6,331,000
6,511,000
6,511,0006,331,0007,351,0007,482,0006,820,0004,946,0005,433,0005,460,0005,876,0006,580,0005,178,0005,219,0004,973,000
       Other Current Assets 
13,687,000
13,376,000
13,641,000
14,111,000
18,112,000
15,809,000
16,386,000
21,223,000
16,422,000
13,660,000
13,640,000
14,695,000
13,979,000
13,979,00014,695,00013,640,00013,660,00016,422,00021,223,00016,386,00015,809,00018,112,00014,111,00013,641,00013,376,00013,687,000
   > Long-term Assets 
199,948,000
215,693,000
215,417,000
216,166,000
228,037,000
232,482,000
224,017,000
217,350,000
217,970,000
219,247,000
212,379,000
209,017,000
209,822,000
209,822,000209,017,000212,379,000219,247,000217,970,000217,350,000224,017,000232,482,000228,037,000216,166,000215,417,000215,693,000199,948,000
       Property Plant Equipment 
37,933,000
37,815,000
38,615,000
49,527,000
39,245,000
39,304,000
40,335,000
42,117,000
42,951,000
43,398,000
43,550,000
43,715,000
43,666,000
43,666,00043,715,00043,550,00043,398,00042,951,00042,117,00040,335,00039,304,00039,245,00049,527,00038,615,00037,815,00037,933,000
       Long Term Investments 
118,745,000
134,539,000
131,948,000
127,877,000
138,683,000
141,219,000
131,077,000
120,805,000
114,095,000
110,461,000
104,061,000
100,544,000
99,475,000
99,475,000100,544,000104,061,000110,461,000114,095,000120,805,000131,077,000141,219,000138,683,000127,877,000131,948,000134,539,000118,745,000
       Other Assets 
43,270,000
43,339,000
44,854,000
38,762,000
50,109,000
51,959,000
52,605,000
44,011,000
60,924,000
0
64,768,000
0
0
0064,768,000060,924,00044,011,00052,605,00051,959,00050,109,00038,762,00044,854,00043,339,00043,270,000
> Total Liabilities 
287,830,000
267,980,000
265,560,000
287,912,000
309,259,000
283,263,000
278,202,000
302,083,000
290,020,000
270,002,000
274,764,000
290,437,000
279,414,000
279,414,000290,437,000274,764,000270,002,000290,020,000302,083,000278,202,000283,263,000309,259,000287,912,000265,560,000267,980,000287,830,000
   > Total Current Liabilities 
132,507,000
106,385,000
107,754,000
125,481,000
147,574,000
127,508,000
129,873,000
153,982,000
137,286,000
120,075,000
124,963,000
145,308,000
133,973,000
133,973,000145,308,000124,963,000120,075,000137,286,000153,982,000129,873,000127,508,000147,574,000125,481,000107,754,000106,385,000132,507,000
       Short Long Term Debt 
12,762,000
13,003,000
16,039,000
15,613,000
16,169,000
16,658,000
24,991,000
21,110,000
11,483,000
12,574,000
11,209,000
15,807,000
12,952,000
12,952,00015,807,00011,209,00012,574,00011,483,00021,110,00024,991,00016,658,00016,169,00015,613,00016,039,00013,003,00012,762,000
       Accounts payable 
63,846,000
40,127,000
40,409,000
54,763,000
74,362,000
52,682,000
48,343,000
64,115,000
57,918,000
42,945,000
46,699,000
62,611,000
58,146,000
58,146,00062,611,00046,699,00042,945,00057,918,00064,115,00048,343,00052,682,00074,362,00054,763,00040,409,00040,127,00063,846,000
       Other Current Liabilities 
55,899,000
53,255,000
51,306,000
53,577,000
57,043,000
58,168,000
56,539,000
67,094,000
67,885,000
56,425,000
67,055,000
58,829,000
54,611,000
54,611,00058,829,00067,055,00056,425,00067,885,00067,094,00056,539,00058,168,00057,043,00053,577,00051,306,00053,255,00055,899,000
   > Long-term Liabilities 
155,323,000
161,595,000
157,806,000
162,431,000
161,685,000
155,755,000
148,329,000
148,101,000
152,734,000
149,927,000
149,801,000
145,129,000
145,441,000
145,441,000145,129,000149,801,000149,927,000152,734,000148,101,000148,329,000155,755,000161,685,000162,431,000157,806,000161,595,000155,323,000
       Long term Debt 
99,281,000
108,642,000
105,752,000
109,106,000
106,629,000
103,323,000
94,700,000
98,959,000
99,627,000
97,041,000
98,071,000
95,281,000
95,088,000
95,088,00095,281,00098,071,00097,041,00099,627,00098,959,00094,700,000103,323,000106,629,000109,106,000105,752,000108,642,00099,281,000
       Other Liabilities 
43,042,000
39,853,000
38,354,000
43,050,000
55,056,000
52,432,000
53,629,000
38,394,000
53,107,000
0
51,730,000
0
0
0051,730,000053,107,00038,394,00053,629,00052,432,00055,056,00043,050,00038,354,00039,853,00043,042,000
       Long-term Liabilities Other 
27,872,000
27,791,000
27,131,000
28,636,000
30,367,000
52,432,000
53,629,000
32,485,000
53,107,000
52,886,000
51,730,000
34,391,000
50,353,000
50,353,00034,391,00051,730,00052,886,00053,107,00032,485,00053,629,00052,432,00030,367,00028,636,00027,131,00027,791,00027,872,000
> Total Stockholder Equity
66,224,000
69,178,000
64,280,000
63,090,000
71,932,000
67,399,000
58,107,000
50,672,000
56,727,000
62,158,000
60,274,000
62,146,000
74,100,000
74,100,00062,146,00060,274,00062,158,00056,727,00050,672,00058,107,00067,399,00071,932,00063,090,00064,280,00069,178,00066,224,000
   Common Stock
51,744,000
54,203,000
54,989,000
57,365,000
58,424,000
61,181,000
62,115,000
64,849,000
66,399,000
0
70,667,000
0
0
0070,667,000066,399,00064,849,00062,115,00061,181,00058,424,00057,365,00054,989,00054,203,00051,744,000
   Retained Earnings 
14,301,000
15,261,000
9,233,000
5,562,000
14,435,000
12,712,000
5,289,000
-3,068,000
3,240,000
4,336,000
1,408,000
-214,000
8,242,000
8,242,000-214,0001,408,0004,336,0003,240,000-3,068,0005,289,00012,712,00014,435,0005,562,0009,233,00015,261,00014,301,000
   Capital Surplus 0000000000000
   Treasury Stock0000000000000
   Other Stockholders Equity 
179,000
-286,000
58,000
163,000
-927,000
-6,494,000
-9,297,000
-11,109,000
-12,912,000
0
-11,801,000
0
0
00-11,801,0000-12,912,000-11,109,000-9,297,000-6,494,000-927,000163,00058,000-286,000179,000



Balance Sheet

Currency in ARS. All numbers in thousands.




Cash Flow

Currency in ARS. All numbers in thousands.




Income Statement

Currency in USD. All numbers in thousands.


Latest Income Statement (annual, 2023-09-30)

Gross Profit (+$)
totalRevenue383,285,000
Cost of Revenue-214,137,000
Gross Profit169,148,000169,148,000
 
Operating Income (+$)
Gross Profit169,148,000
Operating Expense-268,984,000
Operating Income114,301,000-99,836,000
 
Operating Expense (+$)
Research Development29,915,000
Selling General Administrative24,932,000
Selling And Marketing Expenses-
Operating Expense268,984,00054,847,000
 
Net Interest Income (+$)
Interest Income3,750,000
Interest Expense-3,933,000
Other Finance Cost-0
Net Interest Income-183,000
 
Pretax Income (+$)
Operating Income114,301,000
Net Interest Income-183,000
Other Non-Operating Income Expenses-
Income Before Tax (EBT)113,736,000114,683,000
EBIT - interestExpense = -3,933,000
96,995,000
100,928,000
Interest Expense3,933,000
Earnings Before Interest and Taxes (EBIT)-117,669,000
Earnings Before Interest and Taxes (EBITDA)-
 
After tax Income (+$)
Income Before Tax113,736,000
Tax Provision-16,741,000
Net Income From Continuing Ops96,995,00096,995,000
Net Income96,995,000
Net Income Applicable To Common Shares-
 
Non-recurring Events
Discontinued Operations-
Extraordinary Items-
Effect of Accounting Charges-
Other Items-
Non Recurring-
Other Operating Expenses-
Total Other Income/Expenses Net-382,000183,000
 

Technical Analysis of Apple
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Apple. The general trend of Apple is BEARISH with 57.1% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Apple's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (-57.1%) Bearish trend (57.1%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Apple Inc DRC.

The long score for the Support & Resistance is 1/1.
The longshort score for the Support & Resistance is 1/(-1 +1).

  • Around support: The price is currently trading around a support level. This can be considered as a potential entry level. +1

The bullish price targets are: 9,761 < 10,500 < 11,402.

The bearish price targets are: 9,600 > 7,983 > 6,858.

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Apple Inc DRC Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Apple Inc DRC. The current mas is .

The long score for the Moving Averages is 3/14.
The longshort score for the Moving Averages is -8/(-14 +14).

  • MA 20 trending down: The MA 20 is trending down. -1
  • Close < MA 20: The price is below the MA 20. -1
  • MA 20 < MA 50: The MA 20 is lower than the MA 50. -1
  • MA 20 < MA 100: The MA 20 is lower than the MA 100. -1
  • MA 20 < MA 200: The MA 20 is lower than the MA 200. -1
  • MA 50 trending down: The MA 50 is trending down. -1
  • Close < MA 50: The price is below the MA 50. -1
  • MA 50 < MA 100: The MA 50 is lower than the MA 100. -1
  • MA 50 > MA 200: The MA 50 is higher than the MA 200. +1
  • MA 100 trending down: The MA 100 is trending down. -1
  • Close < MA 100: The price is below the MA 100. -1
  • MA 100 > MA 200: The MA 100 is higher than the MA 200. +1
  • MA 200 trending up: The MA 200 is trending up. +1
  • Close < MA 200: The price is below the MA 200. -1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Apple Inc DRC Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Apple Inc DRC. The current macd is -1,770.45290583.

The long score for the Moving Average Convergence/Divergence (MACD) is 3/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 2/(-4 +4).

  • MACD line > signal line: The MACD line is above the signal line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Apple price going up in the near term. +2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Apple. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the Apple price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
  • Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
Apple Inc DRC Daily Moving Average Convergence/Divergence (MACD) ChartApple Inc DRC Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Apple Inc DRC. The current adx is 43.21.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -4/(-7 +7).

  • PLUS_ID < MINUS_DI: The +DI line is below the -DI line. This indicates a bearish signal in the market, as the negative directional movement is currently stronger than the positive directional movement, showing that sellers have the upper hand. Market psychology suggests that traders are pessimistic, expecting further price decreases, and are more willing to sell Apple shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX > 25 && ADX trending up: The ADX is above 25 and indicates a strong bearish trend. The ADX is trending up, so the bearish trend is strengthening.
Apple Inc DRC Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Apple Inc DRC. The current sar is 11,372.

The long score for the Parabolic SAR is 0/1.
The longshort score for the Parabolic SAR is -1/(-1 +1).

  • Close < SAR: The price is below the SAR. It's generally considered a bearish signal. -1
Apple Inc DRC Daily Parabolic SAR Chart
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3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Apple Inc DRC. The current rsi is 25.04. The current phase is Oversold in bear market.

The long score for the Relative Strength Index (RSI) is 1/13.
The longshort score for the Relative Strength Index (RSI) is 0/(-13 +13).

  • Oversold in bear market: Short-term excessive selling, potential for relief rally. Be cautious, consider taking short-term long positions. +1
  • Trending down: The RSI is trending down. -1
Apple Inc DRC Daily Relative Strength Index (RSI) ChartApple Inc DRC Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Apple Inc DRC. The current phase is Oversold in bear market.

The long score for the Stochastic Oscillator is 1/6.
The longshort score for the Stochastic Oscillator is -4/(-6 +6).

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH < 20: The STOCH %K is below 20 and oversold. -2
  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Apple price going down in the near term. -2
  • Trending up: The STOCH %K is trending up. +1
Apple Inc DRC Daily Stochastic Oscillator ChartApple Inc DRC Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Apple Inc DRC. The current cci is -93.36096204.

Apple Inc DRC Daily Commodity Channel Index (CCI) ChartApple Inc DRC Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Apple Inc DRC. The current cmo is -60.87322914.

The long score for the Chande Momentum Oscillator (CMO) is 0/1.
The longshort score for the Chande Momentum Oscillator (CMO) is -1/(-1 +1).

  • CMO < 0: The CMO is below 0, the momentum of the price is negative, indicating a potential downtrend in the price. -1
Apple Inc DRC Daily Chande Momentum Oscillator (CMO) ChartApple Inc DRC Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Apple Inc DRC. The current willr is -96.49669132.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is -1/(-1 +1).

  • WILLR < -80: The Williams %R is below -80. This indicates that the price is in oversold territory, suggesting a potential price correction or trend reversal to the upside. -1
Apple Inc DRC Daily Williams %R ChartApple Inc DRC Daily Williams %R Chart
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4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of Apple Inc DRC.

Apple Inc DRC Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Apple Inc DRC. The current atr is 765.63.

Apple Inc DRC Daily Average True Range (ATR) ChartApple Inc DRC Daily Average True Range (ATR) Chart
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5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Apple Inc DRC. The current obv is 3,267,275.

Apple Inc DRC Daily On-Balance Volume (OBV) ChartApple Inc DRC Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Apple Inc DRC. The current mfi is 11.28.

The long score for the Money Flow Index (MFI) is 0/2.
The longshort score for the Money Flow Index (MFI) is -2/(-2 +2).

  • MFI < 50: -1
  • MFI < 20: -1
Apple Inc DRC Daily Money Flow Index (MFI) ChartApple Inc DRC Daily Money Flow Index (MFI) Chart
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6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Apple Inc DRC.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2023-10-04ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-10-05STOCH LONG EXITThe %K line crosses below the %D line.
2023-10-06MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-10-09STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-10-10BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-10-11STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-10-12STOCH SHORT EXITThe %K line crosses above the %D line.
2023-10-18STOCH LONG EXITThe %K line crosses below the %D line.
2023-10-19SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2023-10-20SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-10-23SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
RSI SHORT ENTRY LONG CLOSE70 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-10-24MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-10-25WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-10-31STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-01CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-03STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-07STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-08STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-09STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-10WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-13MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2023-11-14SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-15STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-16STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-11-17STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-11-21STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-22BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-23STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-24RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-27SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-28MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2023-11-29WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-30STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-01DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-06MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-07BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-11STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-12STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-13RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-20MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2023-12-22CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-26SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-28STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-02STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-03STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-04MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-05SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-01-08BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-09STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-10RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2024-01-15STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-16WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-17CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-01-22MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-23STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-24MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
RSI SHORT ENTRY LONG CLOSE70 crossover to downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-29STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-30STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-01STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-05RSI LONG ENTRY SHORT CLOSE30 crossover to upside
2024-02-06STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-07RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-08STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-14STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-15STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-16STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-20WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-21STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-22MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-02-23STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-26STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-27MFI SHORT ENTRY LONG CLOSE20 crossover to downside

6.3. Candlestick Patterns

Apple Inc DRC Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Apple Inc DRC based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5025.044
Ma 20Greater thanMa 5010,830.450
Ma 50Greater thanMa 10015,906.240
Ma 100Greater thanMa 20016,258.050
OpenGreater thanClose9,650.000
Total1/5 (20.0%)
Penke

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