ADVANCED MICRO DEVICES (AMD) Technical Analysis
NASDAQ:AMD • US0079031078
Current stock price
AMD Technical Rating and Analysis
Taking everything into account, AMD scores 6 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.
- Looking at the yearly performance, AMD did better than 91% of all other stocks. We also observe that the gains produced by AMD over the past year are nicely spread over this period.
- In the last month AMD has a been trading in the 188.22 - 216.71 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- AMD has an average volume of 38481000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- AMD is part of the Semiconductors & Semiconductor Equipment industry. There are 115 other stocks in this industry, AMD did better than 64% of them.
- 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.
AMD Weekly and Daily overview Charts
AMD Setup Rating and Analysis
AMD has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 205.28. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for AMD in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
AMD Support and Resistance Analysis
189.03
When analyzing the support we can see 2 important areas.
- Support @196.38 from a trend line in the daily time frame.
- A support zone ranging from 190.94 to 192.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 205.28 to 207.45. 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.
AMD Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The short term trend for AMD is neutral. |
| ChartMill Relative Strength | 91.91 | POSITIVE | AMD has a high relative strength, it outperformed 91.91% 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) | 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) | 48.03 | NEUTRAL | The RSI value for AMD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.25 | POSITIVE | The MACD value suggests AMD has a positive trend. |
| Stochastics (14,3) | 65.75 | NEUTRAL | The Stochastics value for AMD is a neutral value. |
| Average True Range in percent/ATR (20) | 4.41 | MEDIUM VOLATILITY | The ATR as a percentage value for AMD suggests some volalility. |
| Average Directional Index/ADX (14) | 13.53 | NEGATIVE | The low ADX value for AMD suggests a weak or negative trend. |
AMD Chart- and CandleStick Pattern Analysis
AMD Example Setup
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 |
|---|---|---|---|
| 207.46 | 196.37 | 11.09 (5.35%) | 18.71% |
| An entry @207.46. This is a Buy Stop order right above the resistance zone. | An exit @196.37. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 11.09 points, which is 5.35%. | When investing 18.71% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
AMD Technicals: Chart, Performance Metrics, Trend & Indicators
201.33
-3.94 (-1.92%)
ADVANCED MICRO DEVICES / AMD TA FAQ
Can you provide the ChartMill technical rating for ADVANCED MICRO DEVICES?
ChartMill assigns a technical rating of 6 / 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 48.0254. 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 1.24523, indicating a bullish trend.
What is the support and resistance level for AMD stock?
ADVANCED MICRO DEVICES (AMD) has a support level at 196.38 and a resistance level at 205.28. Check the full technical report for our detailed analysis of AMD support and resistance levels.