Apple stock jumps 2.7% to $325 as Ternus takes over, testing $330 resistance

Apple stock closed at $325.13 on September 1, jumping 2.7% as John Ternus took over as CEO. The daily chart shows a clean bullish structure. Price sits above all key EMAs, reinforcing the uptrend. Short-term signals, however, suggest a pause may be near.

Key takeaways

• Apple stock rallied 2.7% to $325.13 on September 1 as John Ternus succeeded Tim Cook as CEO after a 15-year tenure.
• The daily chart shows a clean bullish structure with price above EMA20 ($314.35), EMA50 ($311.02), and EMA200 ($284.68).
• RSI14 at 61.06 on the daily chart leaves room for further upside before overbought conditions emerge.
• The 15-minute chart shows momentum cooling, with MACD histogram turning negative at -0.32, suggesting near-term consolidation.
• A break above daily R1 at $330.04 would confirm continuation, while a drop below S1 at $317.48 would challenge the bullish thesis.

Momentum and Volatility Driving Apple Stock Higher

The daily chart confirms that Apple stock’s uptrend is well-supported by both momentum and volatility readings. RSI14 at 61.06 signals strength without overbought risks. That leaves room for further upside before momentum becomes a constraint.

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