Overall AMAT gets a technical rating of 10 out of 10. 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.
Besides having an excellent technical rating, AMAT also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price.
155.18
We found 6 important support areas.
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 | 94.84 | POSITIVE | AMAT has a high relative strength, it outperformed 94.84% 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) | 59.37 | NEUTRAL | The RSI value for AMAT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -2.72 | NEGATIVE | The MACD value suggests AMAT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 55.22 | NEUTRAL | The Stochastics value for AMAT is a neutral value. |
| Average True Range in percent/ATR (20) | 4.66 | MEDIUM VOLATILITY | The ATR as a percentage value for AMAT suggests some volalility. |
| Average Directional Index/ADX (14) | 31.14 | POSITIVE | The high ADX value value for AMAT suggests a strong trend. |
330.57
+8.06 (+2.5%)
ChartMill assigns a technical rating of 10 / 10 to AMAT.
The current trend direction for APPLIED MATERIALS INC (AMAT) is Bullish.
APPLIED MATERIALS INC (AMAT) has an RSI value of 59.3722. This indicates that the stock is currently neutral.
The buy/sell signal for APPLIED MATERIALS INC (AMAT) is buy as both the short term and long term trends are positive.
APPLIED MATERIALS INC (AMAT) has a support level at 323.49. Check the full technical report for our detailed analysis of AMAT support and resistance levels.