Apple Stock Nears Critical Level Amid Worst Start To The Year Since 2008: 'When You Get Names Starting To Flirt With It...You Kind Of Lose Confidence'

Apple Inc. (AAPL) stock has had a challenging start to 2025, with shares approaching a critical threshold that could indicate further declines if breached. The stock has dropped by 11% in 2025 up to Thursday’s close, marking it as the weakest performer among the Magnificent Seven group. This performance lags significantly behind the S&P 500, which has seen a 4% increase, reaching new record highs at the year’s start. This downturn represents Apple’s most dismal yearly opening since 2008, based on Bloomberg’s data compilation.



The decline has brought shares within a few dollars of the 200-day moving average, a technical level that can be seen as a long-term support and is one that many traders watch. “When you get names starting to flirt with it or start to break below it, you kind of lose confidence that the uptrend of that name is still intact,” Todd Sohn, an ETF and technical strategist at Strategas Securities LLC, told Bloomberg. The level is “always a good reference point of trend,” said Sohn.

The market has been pretty resilient in light of the fact that Apple has been under pressure, but it “definitely has the potential to create some more risk for those major indices. If we see that downside follow-through that we’re anticipating, that makes it more challenging, of course, for those indices to shrug it off,” Katie Stockton, managing partner and founder of Fairlead Strategies LLC, said.

Stockton sees further declines for Apple stock, she said. If shares do fall below the 200-day moving average, the next level she’s watching is around $208, based on a technical analysis called Ichimoku.



MacDailyNews Take: And here we were hoping for sub-$220! If someone can talk it down to sub-$210 or (dare we dream) sub-$200, we’ll be in love! We are currently about 1/4th of the way to being sustainable with Substack subscriptions. Please tell your Apple-loving friends about MacDailyNews on Substack and, if you’re currently a free subscriber, please consider $5/mo. or $50/year to keep MacDailyNews going. Just hit the subscribe button. Thank you!

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