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Apple stock may drop 32% to $245 by late 2026 amid technical signals despite strong earnings.

Technical Signals
12 Aug 2026
Finbold
View Source
Bearish
Apple stock may drop 32% to $245 by late 2026 amid technical signals despite strong earnings.

Apple's stock could face a significant correction to around $245 by late December 2026, a 32.2% drop from its July peak near $360, according to technical analysis by TradingShot. This forecast is based on recurring patterns in Apple's weekly chart, including weakening momentum and bearish signals like a declining RSI and a bearish MACD crossover. Despite this, Apple's fundamentals remain strong with record Q3 2026 revenue and profit growth, though softer guidance and supply constraints have raised concerns. Leadership changes and ongoing AI and product innovations add complexity, suggesting the stock might become a buying opportunity once momentum indicators improve.

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