ADVANCED MICRO DEVICES (AMD) Stock Technical Analysis
NASDAQ:AMD - US0079031078 - Common Stock
162.63 USD
-5.95 (-3.53%)
162.33 USD
-0.3 (-0.18%)
Overall AMD gets a technical rating of 7 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
In the last month AMD has a been trading in the 157.80 - 186.65 range, which is quite wide. It is currently trading near the lows of this range.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
AMD is one of the better performing stocks in the Semiconductors & Semiconductor Equipment industry, it outperforms 74% of 112 stocks in the same industry.
AMD is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so AMD is lagging the market slightly.
AMD has an average volume of 59070400 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 85% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
AMD has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. There is a support zone below the current price at 162.62, a Stop Loss order could be placed below this zone.
More info and screens
157.56
179.30
When analyzing the support we can see 2 important areas.
- A support zone ranging from 162.62 to 162.62. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 159.15 to 159.88. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
We found 1 important resistance area.
- Resistance @177.52 from a horizontal line in the weekly 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 | UP | POSITIVE | The long term trend for AMD is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for AMD is neutral. |
| ChartMill Relative Strength | 85.17 | POSITIVE | AMD has a high relative strength, it outperformed 85.17% 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) | UP | POSITIVE | The current price of AMD is above the rising 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) | 46.29 | NEUTRAL | The RSI value for AMD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -2.07 | NEGATIVE | The MACD value suggests AMD has a negative trend. |
| Stochastics (14,3) | 27.69 | NEUTRAL | The Stochastics value for AMD is a neutral value. |
| Average True Range in percent/ATR (20) | 4.48 | MEDIUM VOLATILITY | The ATR as a percentage value for AMD suggests some volalility. |
| Average Directional Index/ADX (14) | 19.53 | NEGATIVE | The low ADX value for AMD suggests a weak or negative 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)
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 |
|---|---|---|---|
| 166.78 | 162.61 | 4.17 (2.50%) | 25.00% |
| An entry @166.78. This is a Buy Stop order right above the 10 day moving average. | An exit @162.61. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 4.17 points, which is 2.50%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.62%. |
- The distance between exit and entry is rather small compared to the average daily movement of AMD. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
162.63
-5.95 (-3.53%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg-3.53%
1 Week-3.06%
2 Weeks-8.38%
1 Month-5.28%
3 Month46.87%
6 Month62.86%
12 Month9.47%
2 Year53.83%
3 Year91.62%
5 Year79.07%
10 Year8885.08%
15 Year2798.93%
Volatility
ATR(14)6.33
ATR(20)%4.48%
ATR Inc-17.1%
Range Today6.67
ADR(20)6
ADR(20)%3.69%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.17
Mansfield1.44
10 Day High178.8
10 Day Low158.25
20 Day High186.65
20 Day Low157.8
52 Week High186.65
52 Week Low76.48
CS1 End162.62
CR1 Start177.52
Volume & EV
DER(3)-1.91%
DER(5)-2.02%
Volume37.52M
Volume Incr-43.9%
Vol(5)39.82M
Vol(50)59.07M