Automatic wave scan: as of 6 Nov 2026, the automatic daily count for Apple is Wave 5 up with a bullish bias. The count stays valid while price holds 325.33.
Current Apple wave count
Automatic wave scan Updated daily from the latest daily close (4 Nov 2026). Computer generated from swing highs and lows, not reviewed by an analyst.
Automatic scan: price is in wave 5, the final leg of a five wave advance that began at 309.90 on 9 Sep 2026. Next levels to watch are 351.18 and 356.73. The count fails on a daily close below 325.33.
Key levels
| Type | Levels |
|---|---|
| Resistance | 351.73 |
| Support | 325.33 · 325.81 |
| Invalidation | 325.33 |
What is Apple?
Apple was founded in 1976 by Steve Jobs, Steve Wozniak and Ronald Wayne and is based in Cupertino, California. The iPhone, launched in 2007, is its largest source of revenue. Services such as the App Store, iCloud and Apple Music have become its fastest growing segment.
Apple returns large amounts of cash to shareholders through buybacks and dividends. It reports results four times a year, with the December quarter usually the biggest because of holiday sales.
What moves the Apple price?
- iPhone sales: Upgrade cycles and demand in China and the US drive revenue.
- Services growth: High margin services support profits.
- China: Both a key market and a manufacturing base, so trade policy matters.
- Buybacks: Large share repurchases support the stock.
- Market weight: Index fund flows add steady demand.
How Apple moves in Elliott Wave terms
Apple has shown long, steady uptrends with clear five-wave advances, such as the move from the 2019 low to the 2021 high. Corrections are often orderly, forming flats and zigzags that retrace 20 to 30 percent.
Because Apple is widely held, its waves often line up with those of the Nasdaq 100.
Tips for counting Apple waves
Compare the AAPL count with the Nasdaq 100. Quarterly earnings reports often start or end a wave. Price gaps after results can skip over levels, so place stops with gaps in mind.
Apple key facts
Apple Elliott Wave FAQ
What is Apple's biggest product?
The iPhone, which brings in roughly half of Apple's revenue.
Does Apple pay a dividend?
Yes. Apple pays a quarterly dividend and also buys back large amounts of its own stock.
When does Apple report earnings?
Four times a year, usually in late January, late April or early May, late July and late October.
Sources and further reading
- Apple filings (10-K and 10-Q) (U.S. Securities and Exchange Commission)
- Apple Investor Relations (Apple Inc.)
- Apple Inc. (Wikipedia)
Educational content only. Nothing on this page is financial advice or a recommendation to buy or sell. Trading involves risk and you can lose money. Elliott Wave counts are probabilities, not certainties. Read our full disclaimer and affiliate disclosure.
