Apple & Nike Bounce on China Tariff News: A Closer Look Company Overview Apple Inc. (AAPL) is a global technology company known for its consumer electronics, software, and services. The company is widely recognized for products such as the iPhone, iPad, and Mac computers. Apple’s stock performance is closely watched by investors given its large market capitalization and influence over the technology sector. Technical Indicator Breakdown and Analysis (as of 2024-06-15) EMA 12: 205.82000 - The 12-day Exponential Moving Average indicates the short-term price trend and is slightly below the current close, suggesting recent mild downward pressure. ( EMA ) EMA 26: 205.99473 - The 26-day EMA shows the medium-term trend, nearly aligned with EMA 12, indicating limited momentum in either direction. MACD: -0.17472713 - The Moving Average Convergence Divergence is slightly negative, signaling weak bearish momentum currently. ( MACD ) RSI: 55.92887 - The Relative Strength...