ADVANCED MICRO DEVICES (AMD) Stock Technical Analysis
NASDAQ:AMD - Nasdaq - US0079031078 - Common Stock - Currency: USD
Overall AMD gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, AMD is only an average performer.
The long and short term trends are both positive. This is looking good!
AMD has an average volume of 46000600 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that AMD is one of the better performing stocks in the market, outperforming 74% of all stocks. However, this relatively good performance is mostly due to a recent big move.
AMD is part of the Semiconductors & Semiconductor Equipment industry. There are 110 other stocks in this industry, AMD did better than 55% of them.
AMD is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so AMD is lagging the market.
In the last month AMD has a been trading in the 114.71 - 147.75 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
AMD has an excellent technical rating, but 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.
More info and screens
119.96
145.43
When analyzing the support we can see 3 important areas.
- A support zone ranging from 136.10 to 138.51. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @126.06 from a trend line in the daily time frame.
- Support @121.17 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 143.32 to 143.99. 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 AMD is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AMD is up. |
| ChartMill Relative Strength | 74.8 | POSITIVE | AMD has a high relative strength, it outperformed 74.8% off all stocks 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) | 65.79 | NEUTRAL | The RSI value for AMD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.54 | POSITIVE | The MACD value suggests AMD has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 72.75 | NEUTRAL | The Stochastics value for AMD is a neutral value. |
| Average True Range in percent/ATR (20) | 3.83 | MEDIUM VOLATILITY | The ATR as a percentage value for AMD suggests some volalility. |
| Average Directional Index/ADX (14) | 38.64 | 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)
138.52
+2.41 (+1.77%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg1.77%
1 Week-3.4%
2 Weeks8.99%
1 Month18.08%
3 Month61.52%
6 Month10.49%
12 Month-19.42%
2 Year21.08%
3 Year46.63%
5 Year78.9%
10 Year7077.2%
15 Year1749.4%
Volatility
ATR(14)5.81
ATR(20)%3.83%
ATR Inc1.93%
Range Today4.56
ADR(20)4.7
ADR(20)%3.39%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS74.8
Mansfield0.06
10 Day High147.75
10 Day Low125.77
20 Day High147.75
20 Day Low114.71
52 Week High187.28
52 Week Low76.48
CS1 End126.78
CR1 StartN/A
Volume & EV
DER(3)-1.83%
DER(5)-1.57%
Volume39.19M
Volume Incr2.26%
Vol(5)51.48M
Vol(50)46.00M