US Nasdaq stock alert

USA

CLOSING UPDATE: Apple decreases further 0.3%, led Computer integrated systems sector lower 18 October 2017 17:52 EDT

NEWS BITES - NORTH AMERICA

This is an end of day Alert, produced after today's NASDAQ market close. It concludes the BSS News Bites intra-day Alert series (summaries below).

Apple, NASDAQ's largest computer integrated systems company by market capitalisation, has decreased 0.4% to trade at $US159.76 vs. the Computer integrated systems sector which weakened 54.0 points (or 0.4%) to 12,277.8. Representing a weighting of about 99.6% of the sector, the stock accounted for the loss. Trading volume was 60% of average at the end of the day. Compared with the NASDAQ-100 Index which fell 8.3 points (or 0.1%) in the day, this represented a relative price change of -0.3%.

Bearish Signals:

+ Tobin's Q Ratio is 2.6. Compared with the rest of the market the stock is overvalued and ranks in the bottom quartile of stocks by value of Q Ratio.

Note

Bullish Signals:

The positive 0.54 MACD (Moving Average Convergence Divergence) indicator suggests a bullish signal.

The 3.1% discount to 12-month high of $US164.94 against the 55.4% premium to 12-month low of $US102.80 suggests the stock continues to push for new highs.

In the last three months the stock has hit a new 52-week high eight times, pointing to a significant uptrend.

The price lifted 2.1% in the last week and increased 0.7% in the last month.

The present value of USD1,000 invested one year ago is $US1,409 [vs $US1,263 for the NASDAQ-100 Index].

Total Liabilities/EBITDA of 2.7 is comfortably below the Joseph Piotroski benchmark of <5.

Net profit margin has averaged 21.9% in the last 3 years. This is considered superior and suggests a high margin of safety.

As per the Du Pont analysis, Return on Equity is high at 35.6%.

TODAY'S ALERTS

Afternoon Alert: Apple decreases 0.1%, leads Computer integrated systems sector lower

18 October 2017 13:28 EDT

Apple Inc. (NASDAQ:AAPL) has decreased 0.1% to trade at $US160.32 vs. the Computer integrated systems sector which weakened 10.4 points (or 0.08%) to 12,321.3. Representing a weighting of about 99.6% of the sector, the stock accounted for the loss. Trading volume was 83% of average so far today.

Morning Alert: Apple decreases 0.2%, leads Computer integrated systems sector lower

18 October 2017 11:04 EDT

Apple Inc. (NASDAQ:AAPL) has decreased 0.2% to trade at $US160.19 vs. the Computer integrated systems sector which weakened 20.6 points (or 0.2%) to 12,311.2. Representing a weighting of about 99.6% of the sector, the stock accounted for the loss. Trading volume was 85% of average so far today.

RECENT ALERTS

CLOSING UPDATE: Apple increases 0.4%, led Computer integrated systems sector higher

17 October 2017 17:54 EDT

Apple, NASDAQ's largest computer integrated systems company by market capitalisation, has increased 0.4% to trade at $US160.47 vs. the Computer integrated systems sector which strengthened 44.3 points (or 0.4%) to 12,331.8. Representing a weighting of about 99.6% of the sector, the stock accounted for the gain. The shares have outperformed 88% of the market in the past week. Trading volume was 70% of average at the end of the day. Compared with the NASDAQ-100 Index which rose 8.1 points (or 0.1%) in the day, this represented a relative price increase of 0.2%.

Afternoon Alert: Apple decreases 0.1%, leads Computer integrated systems sector lower

17 October 2017 13:27 EDT

Apple Inc. (NASDAQ:AAPL) has decreased 0.1% to trade at $US159.69 vs. the Computer integrated systems sector which weakened 14.5 points (or 0.1%) to 12,272.9. Representing a weighting of about 99.6% of the sector, the stock accounted for 96.4% of today's loss. Trading volume was 1.1 times average so far today.

Apple Inc. (O:AAPL)

ISIN: US0378331005

PermID: 4295905573

CIK: 320193

CUSIP: 037833100

Source: www.BuySellSignals.com