ADVANCED MICRO DEVICES (AMD) Stock Technical Analysis
NASDAQ:AMD • US0079031078
Taking everything into account, AMD scores 4 out of 10 in our technical rating. Although AMD is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- In the last month AMD has a been trading in the 190.72 - 252.65 range, which is quite wide. It is currently trading near the lows of this range.
- When comparing the yearly performance of all stocks, we notice that AMD is one of the better performing stocks in the market, outperforming 90% of all stocks. On top of that, AMD also shows a nice and consistent pattern of rising prices.
- AMD has an average volume of 36945900 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- AMD is part of the Semiconductors & Semiconductor Equipment industry. There are 114 other stocks in this industry, AMD did better than 61% 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.
Although the technical rating is only medium, AMD does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 200.14, a Stop Loss order could be placed below this zone.
More info and screens
190.57
When analyzing the support we can see 2 important areas.
- A support zone ranging from 198.11 to 200.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @192.49 from a horizontal line in the daily time frame.
4 important resistance areas can be observed.
- Resistance @207.29 from a trend line in the daily time frame.
- A resistance zone ranging from 210.73 to 214.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @258.89 from a horizontal line in the daily time frame.
- Resistance @264.33 from a horizontal line in the daily time frame.
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 | NEUTRAL | NEUTRAL | The long term trend for AMD is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for AMD is down. |
| ChartMill Relative Strength | 90.8 | POSITIVE | AMD has a high relative strength, it outperformed 90.8% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AMD is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of AMD is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AMD is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 42.01 | NEUTRAL | The RSI value for AMD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.41 | NEGATIVE | The MACD value suggests AMD has a negative trend. |
| Stochastics (14,3) | 43.58 | NEUTRAL | The Stochastics value for AMD is a neutral value. |
| Average True Range in percent/ATR (20) | 6.28 | HIGH VOLATILITY | The high ATR as a percentage value for AMD suggests high volalility. |
| Average Directional Index/ADX (14) | 19.24 | NEGATIVE | The low ADX value for AMD suggests a weak or negative trend. |
200.21
-3.47 (-1.7%)
ADVANCED MICRO DEVICES / AMD FAQ
Can you provide the ChartMill technical rating for ADVANCED MICRO DEVICES?
ChartMill assigns a technical rating of 4 / 10 to AMD.
Can you provide the trend direction for ADVANCED MICRO DEVICES?
The current trend direction for ADVANCED MICRO DEVICES (AMD) is Bearish.
What is the RSI signal for ADVANCED MICRO DEVICES (AMD) stock?
ADVANCED MICRO DEVICES (AMD) has an RSI value of 42.0056. This indicates that the stock is currently neutral.
What is the MACD signal for AMD stock?
The MACD indicator for ADVANCED MICRO DEVICES (AMD) has a value of -0.411919, indicating a bearish trend.
What is the support and resistance level for AMD stock?
ADVANCED MICRO DEVICES (AMD) has a support level at 200.14 and a resistance level at 207.29. Check the full technical report for our detailed analysis of AMD support and resistance levels.