APPLIED MATERIALS INC (AMAT) Stock Technical Analysis
NASDAQ:AMAT - Nasdaq - US0382221051 - Common Stock - Currency: USD
Taking everything into account, AMAT scores 5 out of 10 in our technical rating. In the last year, AMAT was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
In the last month AMAT has a been trading in the 174.51 - 201.11 range, which is quite wide. It is currently trading near the lows of this range.
AMAT has an average volume of 6729320 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
When comparing the performance of all stocks over the past year, AMAT turns out to be only a medium performer in the overall market: it outperformed 48% of all stocks.
AMAT is an average performer in the Semiconductors & Semiconductor Equipment industry, it outperforms 49% of 110 stocks in the same industry.
AMAT is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so AMAT is lagging the market.
AMAT has an average technical rating and it also does not offer a high quality setup 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
175.30
201.29
We found 1 important support area.
- A support zone ranging from 177.07 to 178.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 194.09 to 194.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 197.94 to 199.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | DOWN | NEGATIVE | The short term trend for AMAT is down. |
| ChartMill Relative Strength | 48.95 | NEUTRAL | AMAT is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AMAT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of AMAT is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of AMAT is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 40.22 | NEUTRAL | The RSI value for AMAT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -2.12 | NEGATIVE | The MACD value suggests AMAT has a negative trend. |
| Stochastics (14,3) | 27.27 | NEUTRAL | The Stochastics value for AMAT is a neutral value. |
| Average True Range in percent/ATR (20) | 2.75 | MEDIUM VOLATILITY | The ATR as a percentage value for AMAT suggests some volalility. |
| Average Directional Index/ADX (14) | 21.65 | 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)
178.14
-1.01 (-0.56%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg-0.56%
1 Week-5.94%
2 Weeks-4.74%
1 Month-8.83%
3 Month14.48%
6 Month-1.03%
12 Month-6.82%
2 Year16.61%
3 Year89.37%
5 Year189.19%
10 Year1007.84%
15 Year1617.84%
Volatility
ATR(14)5.04
ATR(20)%2.75%
ATR Inc-8.19%
Range Today3.76
ADR(20)3.84
ADR(20)%2.16%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS48.95
Mansfield-0.56
10 Day High192.45
10 Day Low174.51
20 Day High201.11
20 Day Low174.51
52 Week High215.7
52 Week Low123.74
CS1 End178.13
CR1 Start194.09
Volume & EV
DER(3)-0.6%
DER(5)0.19%
Volume5.86M
Volume Incr18.48%
Vol(5)7.02M
Vol(50)6.73M