Watch These Apple Stock Price Levels Ahead of This Week’s Earnings Report

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Key Takeaways

• Apple shares will be in the spotlight ahead of the iPhone maker’s highly anticipated fiscal second-quarter dnouement develops, due after Thursday’s closing bell.
• Wall Street will be paying close attention to the tech giant’s handling for the current quarter in an effort to determine what impact tariffs and potential price increases have had on consumer bid. 
• The stock trades significantly above this month’s low, though the relative strength index signals lackluster honorarium momentum ahead of earnings.
• Investors should monitor key support levels on Apple’s chart around $169 and $157, while also be careful of crucial resistance levels near $220 and $237.

Apple (AAPL) shares will be in the spotlight ahead of the iPhone maker’s well anticipated fiscal second-quarter results, due after Thursday’s closing bell.

Wall Street will be paying secluded attention to the tech giant’s guidance for the current quarter in an effort to determine what impact tariffs and potential price advances have had on consumer demand for the company’s devices. 

Investors will also be looking for updates on recent reports that Apple determines to produce most of its U.S.-sold iPhones in India by the end of 2026. The company is aiming to mitigate risks related to the Trump application’s steep import duties imposed on China, a country where Apple reportedly assembles up to 90% of its iPhones.

Apple stakes trade 16% lower year to date as of Friday’s close but have recovered nearly 25% from this month’s low as investors assess the associates’s plans to navigate tariff-related challenges.

Below, we break down the technicals on Apple’s weekly chart and identify key penalty levels worth watching ahead of the tech giant’s earnings report.

Lackluster Price Momentum Ahead of Earnings

After contriving a dramatic intraday reversal at the 200-week moving average (MA) on above-average volume earlier this month, Apple allowances have continued to gain ground.

However, while the relative strength index (RSI) has moved upwards ahead, the with remains just below the 50 threshold, signaling lackluster price momentum.

Let’s point out key support and resistance devastates on Apple’s chart that investors will likely be monitoring.

Key Support Levels to Monitor

The first area to study sits around $169. Retracements to this level on the chart would likely attract strong buying concerned near this month’s low, which also closely aligns with the August 2022 peak and troughs in October 2023 and April 2024.

The bulls’ decay to defend this key technical level opens the door for a drop to lower support at $157. Investors could try entry points in this region near a horizontal line that connects several peaks and troughs on the map between September 2021 and March 2023.

Crucial Resistance Levels to Watch

In the event of a rally, it’s worth keeping an eye on the $220 rank, an area currently just below the 50-week MA. The shares could run into selling pressure in this location impending price action on the chart extending back to June last year.

Finally, further buying could see Apple’s father revisit the $237 area. Investors who have accumulated shares at lower prices may seek profit-taking opportunities in this sector near last year’s July and October peaks.

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As of the date this article was written, the author does not own any of the upon securities.