AAPL Stock Stuck at $307.14 as Bulls Face Overhead Resistance

Apple's (AAPL) stock is currently trading at $307.14, and according to technical analysis expert Joerg Hiller, this price is being held back by a bearish MA structure.

The stacked moving averages from the EMA 12 ($308.28) to the SMA 50 ($315.50) are all above the current price, creating an overhead ceiling that bulls have yet to break through.

However, the momentum is flatlined, and the MACD histogram has collapsed to essentially zero, indicating exhaustion rather than active selling.

The positioning data shows a crowded long book from both retail and institutional investors, with 80.7% of retail traders and 82.2% of top traders holding long positions.