TrendSpider
TrendSpider

@TrendSpider

10 Tweets 3 reads May 04, 2023
πŸ’‘Ticker Spotlight: $AAPL πŸ’‘
Apple, the largest company in the world by market cap, reports its Q1 2023 earnings tomorrow after the bell.
Let's do some in-depth analysis on Apple using the various features on the @TrendSpider platform!
🧡
$AAPL From a daily POV, Apple is currently trading just below trendline resistance from ATHs.
Price is currently approaching the apex of a +4 month rising wedge pattern in the making. 🍎
$AAPL On the monthly, Apple just closed out its 4th consecutive green candle after bouncing off this massive wedge support back in January.
Price is currently up +34% YTD & trades just ~8% off all time highs.
$AAPL Last quarter, Apple missed EPS estimates for the first time since 2016. πŸ”»
The EPS consensus estimate for this quarter is $1.44.
$AAPL Average returns by month for the last 10 years.
Jan πŸ“‰ -0.27%
Feb πŸ“ˆ +1.01%
Mar πŸ“ˆ +2.91%
Apr πŸ“ˆ +1.55%
May πŸ“ˆ +2.02%
Jun πŸ“‰ -0.58%
Jul πŸ“ˆ +7.83%
Aug πŸ“ˆ +5.98%
Sep πŸ“‰ -2.82%
Oct πŸ“ˆ +5.41%
Nov πŸ“ˆ +1.98%
Dec πŸ“‰ -0.92%
$AAPL In the two months leading up to this week's earnings report, Apple saw some of its largest insider sales in over a year. πŸ’°
The individuals selling include the company CEO, CFO, COO & Senior VPs.
$AAPL Apple's highest premium unusual options flow from this week. πŸ‘‡
$AAPL Apple has received just 1 sell rating from analysts over the last two years...
LightShed Partners downgraded the stock from Neutral to Sell and gave it a $120 PT in March. 🍎
How does $AAPL usually move after earnings?
Over the last 12 years, if you bought on earnings day and sold a week later, you would have yielded +145% with an average return of +2.41% 🍏
What are you expecting from $AAPL after tomorrow's earnings report?

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