268 USD
-1.44 (-0.53%)
267.82 USD
-0.18 (-0.07%)
We assign a technical rating of 9 out of 10 to AMAT. Both in the recent history as in the last year, AMAT has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
AMAT is part of the Semiconductors & Semiconductor Equipment industry. There are 112 other stocks in this industry. AMAT outperforms 79% of them.
AMAT is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month AMAT has a been trading in the 203.40 - 273.59 range, which is quite wide. It is currently trading near the high of this range.
AMAT has an average volume of 8152740 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, AMAT did better than 94% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although AMAT has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
155.18
270.68
When analyzing the support we can see 4 important areas.
- A support zone ranging from 230.34 to 231.66. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 220.56 to 224.54. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @183.30 from a trend line in the weekly time frame.
- Support @156.75 from a horizontal line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for AMAT is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AMAT is up. |
| ChartMill Relative Strength | 94.43 | POSITIVE | AMAT has a high relative strength, it outperformed 94.43% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AMAT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AMAT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AMAT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 69.75 | NEUTRAL | The RSI value for AMAT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 3.43 | POSITIVE | The MACD value suggests AMAT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 94.93 | OVERBOUGHT | The high Stochastics value suggests AMAT may be overbought. |
| Average True Range in percent/ATR (20) | 3.84 | MEDIUM VOLATILITY | The ATR as a percentage value for AMAT suggests some volalility. |
| Average Directional Index/ADX (14) | 21.08 | NEUTRAL | The ADX value for AMAT suggests a possible start of a new trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
268
-1.44 (-0.53%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg-0.53%
1 Week6.24%
2 Weeks21.69%
1 Month14.76%
3 Month64.67%
6 Month60.73%
12 Month54.9%
2 Year65.36%
3 Year175.21%
5 Year210.55%
10 Year1335.46%
15 Year1807.47%
Volatility
ATR(14)10.28
ATR(20)%3.84%
ATR Inc-44.78%
Range Today6.23
ADR(20)9.64
ADR(20)%3.6%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.43
3 months CRS96.75
6 months CRS92.57
Mansfield3.35
10 Day High273.59
10 Day Low215.5
20 Day High273.59
20 Day Low203.4
52 Week High273.59
52 Week Low123.74
CS1 End231.66
CR1 StartN/A
Volume & EV
DER(3)1.53%
DER(5)1.43%
Volume5.37M
Volume Incr-14.87%
Vol(5)7.15M
Vol(50)8.15M
APPLIED MATERIALS INC / AMAT FAQ
What is the technical rating for AMAT stock?
ChartMill assigns a technical rating of 9 / 10 to AMAT.
What is the current trend direction of APPLIED MATERIALS INC (AMAT) stock?
The current trend direction for APPLIED MATERIALS INC (AMAT) is Bullish.
Can you provide the RSI signal for APPLIED MATERIALS INC?
APPLIED MATERIALS INC (AMAT) has an RSI value of 69.7526. This indicates that the stock is currently neutral.
What is the short term momentum for APPLIED MATERIALS INC (AMAT) stock?
The short term momentum for APPLIED MATERIALS INC (AMAT) is positive.
What is the buy/sell signal for APPLIED MATERIALS INC (AMAT) stock?
The buy/sell signal for APPLIED MATERIALS INC (AMAT) is buy as both the short term and long term trends are positive.