Apple stock price tests $195 support as bearish signals deepen across technical charts
Apple stock clings to $195 support while rejecting resistance near $200 amid bearish momentum
Apple Inc. (NASDAQ: AAPL) ended Tuesday’s session with a marginal decline, closing at $195.59, as the stock tests a crucial support zone following a sustained rejection from overhead resistance. The price has now reached the base of a descending structure, signaling potential vulnerability if bulls fail to defend the current level.
Key highlights
- Apple closed at $195.59 on June 18, down 0.13%, testing critical support levels
- Technical indicators suggest increasing downside risk toward $189.67 and $185 zones
- Rejection at $200–$205 resistance and bearish momentum cap upside potential
Over the past two weeks, Apple has formed a bearish pattern on both the 30-minute and 4-hour charts, consistently failing to reclaim key resistance levels around $198 to $199. The descending trendline from early June remains intact, and the $195 support now stands as the final near-term floor before the stock risks sliding toward $193 and $189.67. The latter level marks the neckline of a potential head-and-shoulders setup forming on the broader daily timeframe.
Technical signals underline fading momentum
Momentum readings offer further evidence of deterioration. The DMI shows a rising -DI line, suggesting strengthening bearish sentiment, while the Parabolic SAR remains above price on key intraday timeframes. Bollinger Bands are narrowing, indicating suppressed volatility, yet price action clings to the lower band — often a precursor to further downside moves.
AAPL price dynamics (Source: TradingView)
VWAP and 4-hour EMAs continue to act as dynamic resistance. The 50/100/200 EMA cluster from $199.3 to $211.3 caps all upside attempts, reinforcing the bearish tone. Apple remains below its Bull Market Support Band, with little sign of immediate recovery unless a breakout above $205 occurs.
Outlook remains defensive as structure weakens
With current price action completing a round trip of its April-to-June gains, the structure increasingly suggests bearish continuation unless $195 is defended. A close below this threshold could invite follow-through selling toward $189.67 and eventually the $181–$185 range. For bulls to regain control, a daily close above $205 is essential, which would reopen the path toward $213–$215.
In prior coverage, we emphasized Apple’s rejection from the $205 supply zone and bearish structure beneath the EMA cluster. Those signals have now evolved into deeper price compression below $195, confirming that downside risks remain elevated without a strong bullish catalyst.
