Score 7.9 (out of 10): APPLE INC sets up for 7.7% rally in 2 months, 90% hit ratio

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Insight:

APPLE INC has triggered a new volatility signal (1 month). During similar occasions, APPLE INC shares had a median return of +7.7%, over the following 2 months – based on 10 historical occasions with 9 of those showing positive returns (90%). This buy signal for APPLE INC received a high score of 7.9 (out of 10). This insight was generated on 2021-October-28 with last price of 148.85. APPLE INC is in the Computers business. Based on the last 2 years’ risk/return profile, this asset is seen as Less Risky. ‘Wall Street’ analysts think the stock price will be worth 12.2% more (average). Ticker symbol: AAPL US.

Details:

NameAPPLE INC
ViewUp
Star (1 to 10)7.9
Target+7.7%
Time2 months
Hit Rate90%

Returns during similar periods:

The chart above shows the previous returns (in %) based on similar setups with the most recent ‘insight’ shown under (1), the second most recent ‘insight’ shown under (2), etc. 

Previous episodes:

0.2% (August-2021), 10.3% (June-2021), 0.3% (April-2021), 7.2% (February-2021), 21.1% (November-2019), 16.2% (March-2019), -8.9% (September-2018), 8.2% (June-2018), 4.8% (March-2017), 17.3% (December-2016).

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