NASDAQ:AMAT - Nasdaq - US0382221051 - Common Stock - Currency: USD
Overall AMAT gets a technical rating of 6 out of 10. AMAT has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
AMAT has an average technical rating and also the quality of the setup is only medium 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.
155.17
We found 4 important support areas.
When analyzing the resistance we notice 3 important 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 | 27.15 | NEGATIVE | AMAT has a low relative strength, it was outperformed by 72.85% 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) | DOWN | MIXED | The current price of AMAT is above a declining SMA(200). |
Relative Strength Index/RSI (14) | 59.56 | NEUTRAL | The RSI value for AMAT is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.54 | POSITIVE | The MACD value suggests AMAT has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 86.51 | OVERBOUGHT | The high Stochastics value suggests AMAT may be overbought. |
Average True Range in percent/ATR (20) | 2.64 | MEDIUM VOLATILITY | The ATR as a percentage value for AMAT suggests some volalility. |
Average Directional Index/ADX (14) | 18.79 | NEGATIVE | The low ADX value for AMAT suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
ENTRY | EXIT | DISTANCE | CAPITAL |
---|---|---|---|
172.86 | 171.60 | 1.26 (0.73%) | 25.00% |
An entry @172.86. This is a Buy Stop order right above the resistance zone. | An exit @171.60. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.26 points, which is 0.73%. | For a 0.18% total portfolio risk, you can invest 25.00% of your capital in this trade. |
172.84
-1.25 (-0.72%)