APPLIED MATERIALS INC (AMAT) Technical Analysis
NASDAQ:AMAT • US0382221051
Current stock price
AMAT Technical Rating and Analysis
Overall AMAT gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, AMAT is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, AMAT did better than 96% of all other stocks. On top of that, AMAT also shows a nice and consistent pattern of rising prices.
- AMAT is part of the Semiconductors & Semiconductor Equipment industry. There are 115 other stocks in this industry. AMAT outperforms 85% of them.
- AMAT is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so AMAT is performing more or less in line with the market.
- AMAT has an average volume of 7947620 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month AMAT has a been trading in the 316.66 - 395.95 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
AMAT Weekly and Daily overview Charts
AMAT Setup Rating and Analysis
AMAT has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price.
More info and screens
AMAT Support and Resistance Analysis
205.38
When analyzing the support we can see 4 important areas.
- A support zone ranging from 338.64 to 340.14. 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 324.73 to 325.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 312.77 to 313.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @207.45 from a trend line in the weekly time frame.
AMAT Technical Indicator Signal Analysis
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 | 96.89 | POSITIVE | AMAT has a high relative strength, it outperformed 96.89% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of AMAT is above a declining 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) | 54.57 | NEUTRAL | The RSI value for AMAT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.08 | NEGATIVE | The MACD value suggests AMAT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 70.79 | NEUTRAL | The Stochastics value for AMAT is a neutral value. |
| Average True Range in percent/ATR (20) | 4.4 | MEDIUM VOLATILITY | The ATR as a percentage value for AMAT suggests some volalility. |
| Average Directional Index/ADX (14) | 16.89 | NEGATIVE | The low ADX value for AMAT suggests a weak or negative trend. |
AMAT Chart- and CandleStick Pattern Analysis
AMAT Technicals: Chart, Performance Metrics, Trend & Indicators
357.06
-0.15 (-0.04%)
APPLIED MATERIALS INC / AMAT TA FAQ
What is the technical rating for AMAT stock?
ChartMill assigns a technical rating of 10 / 10 to AMAT.
Can you provide the trend direction for APPLIED MATERIALS INC?
The current trend direction for APPLIED MATERIALS INC (AMAT) is Bullish.
What is the RSI signal for APPLIED MATERIALS INC (AMAT) stock?
APPLIED MATERIALS INC (AMAT) has an RSI value of 54.5745. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for APPLIED MATERIALS INC?
The buy/sell signal for APPLIED MATERIALS INC (AMAT) is buy as both the short term and long term trends are positive.
Can you provide the support and resistance levels for APPLIED MATERIALS INC?
APPLIED MATERIALS INC (AMAT) has a support level at 340.14. Check the full technical report for our detailed analysis of AMAT support and resistance levels.