ADVANCED MICRO DEVICES (AMD) Stock Technical Analysis
NASDAQ:AMD - Nasdaq - US0079031078 - Common Stock - Currency: USD
We assign a technical rating of 8 out of 10 to AMD. Although AMD is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Both the short term and long term trends are positive. This is a very positive sign.
In the last month AMD has a been trading in the 107.67 - 132.81 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
AMD has an average volume of 44802100 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, AMD turns out to be only a medium performer in the overall market: it outperformed 42% of all stocks.
AMD is an average performer in the Semiconductors & Semiconductor Equipment industry, it outperforms 62% of 110 stocks in the same industry.
AMD is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so AMD is lagging the market slightly.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although AMD has an excellent technical rating, it 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
109.21
129.52
We found 2 important support areas.
- A support zone ranging from 118.19 to 119.46. 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 110.31 to 111.35. This zone is formed by a combination of multiple trend lines and important moving averages 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 AMD is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AMD is up. |
| ChartMill Relative Strength | 42.72 | NEUTRAL | AMD is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AMD is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AMD is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of AMD is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 67.32 | NEUTRAL | The RSI value for AMD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.56 | POSITIVE | The MACD value suggests AMD has a positive trend. |
| Stochastics (14,3) | 81.68 | OVERBOUGHT | The high Stochastics value suggests AMD may be overbought. |
| Average True Range in percent/ATR (20) | 3.41 | MEDIUM VOLATILITY | The ATR as a percentage value for AMD suggests some volalility. |
| Average Directional Index/ADX (14) | 30.59 | POSITIVE | The high ADX value value for AMD suggests a strong 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)
128.24
+1.45 (+1.14%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg1.14%
1 Week8.22%
2 Weeks10.85%
1 Month14.44%
3 Month20.48%
6 Month7.57%
12 Month-20.46%
2 Year12.58%
3 Year67.7%
5 Year143.76%
10 Year5243.33%
15 Year1651.91%
Volatility
ATR(14)4.77
ATR(20)%3.41%
ATR Inc1.58%
Range Today5.26
ADR(20)3.9
ADR(20)%3.04%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS42.72
Mansfield-0.4
10 Day High132.81
10 Day Low115.06
20 Day High132.81
20 Day Low107.67
52 Week High187.28
52 Week Low76.48
CS1 End119.46
CR1 StartN/A
Volume & EV
DER(3)1.38%
DER(5)2.68%
Volume79.93M
Volume Incr96.24%
Vol(5)71.37M
Vol(50)44.80M