AAPL Stock Forecast: Foldable iPhone Anticipation Fuels Coiling Structure

Apple's tokenized stock is trading at $309.19, below its 50-day simple moving average (SMA) of $317.03.

The market is anticipating a foldable iPhone release in September 2026, with major analysts from Bank of America and Morgan Stanley predicting the event will happen.

Polymarket's prediction markets estimate an 81% likelihood for the event, while Rothschild & Co Redburn analyst Timm Schulze-Melander upgraded Apple to 'Buy' on August 17, raising his price target from $260 to $400.

The current price action reflects a coiling structure, with a near-term resistance zone between $310 and $312.46 that buyers must navigate for a substantive advance.