Apple Stock Faces Correction to $245 in December 2026, Trading Expert Warns
Apple stock is facing a potential correction to $245 by late December 2026, according to a trading expert. The prediction comes from TradingShot's analysis of Apple's weekly chart, which shows a recurring pattern that has led to significant pullbacks in the past.
The current rally reached an all-time high near $360 before showing signs of weakening momentum. A decline to $245 would represent a 32.2% drop from the July 2026 peak.
TradingShot's analysis highlights the importance of key moving averages, including the 50-week and 100-week averages. Apple's weekly RSI has formed lower highs similar to those that preceded major tops in August 2022, December 2023, and early 2025.
The bearish outlook is further strengthened by Apple's weak guidance for its current quarter, citing supply constraints affecting advanced chips used in iPhones, Macs, and iPads. The company's leadership transition may also contribute to market uncertainty.