Apple Analysis: Can the stock price Hit New Highs in 2024?
Understanding Apple’s seasonality patterns
Apple’s stock has historically demonstrated robust performance during the final quarter (Q4), with data spanning two decades showing consistent strength from October through December.
The seasonality pattern reveals average gains around 35% by year-end, highlighting the significance of Q4 performance in Apple’s annual trading cycle.
This seasonal strength typically coincides with major product launches and the crucial holiday shopping period, when consumer electronics sales traditionally peak.
Historical data suggests Apple benefits from both retail investor optimism and institutional portfolio rebalancing during these months.
Current market dynamics affecting Apple
The tech…
