Shares of Apple Inc. ( AAPL ) are falling Monday. Here’s a look at what investors need to know.

AAPL is under selling pressure. Get the details here.

What To Know: Warren Buffett’s Berkshire Hathaway reduced its stake in Apple ( AAPL ), trimming its holdings by about 15% in the third quarter, according to an SEC filing from the well-regarded firm on Friday. The news sparked some selling pressure in the tech stock.

Berkshire cut its Apple ( AAPL ) position to approximately 238.2 million shares in the quarter. Despite the continued selling, Apple ( AAPL ) still remains Berkshire’s largest holding.

In the same period, Berkshire Hathaway bought 17.85 million shares of Google-parent Alphabet, which is worth a little under $5 billion.

Apple ( AAPL ) also lost a significant patent case regarding blood-oxygen sensors in its Apple Watches. A jury found the company guilty of infringing on medical technology company Masimo Corporation’s patent on blood-oxygen sensors, and ruled that Apple ( AAPL ) must pay $634 million for patent infringements. The dispute dates back to 2023.

Apple ( AAPL ) stock was trading down more than 1% at last check, according to Benzinga Pro.

AAPL Analysis: Apple ( AAPL ) is trading approximately 5.2% above its 50-day moving average of $255.92, indicating a bullish trend in the medium term. The stock is also trading significantly above its 200-day moving average of $225.37, which is about 19.5% higher, further reinforcing the positive momentum. The relative strength index (RSI) stands at 64.22, suggesting that the stock is neither overbought nor oversold, maintaining a neutral signal.

In terms of support and resistance, Apple ( AAPL ) has established a support level at $266.77, which may provide a cushion against further declines. The immediate resistance level is found at $276.69, just below the 52-week high, indicating a critical area for potential breakout or reversal. If the stock can reclaim this resistance, it may pave the way for new highs.

AAPL Price Action: Apple ( AAPL ) shares were down 1.14% at $269.31 at the time of publication on Monday. The stock is trading within a 52-week range of $169.21 to $277.32, according to Benzinga Pro.

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