ADVANCED MICRO DEVICES (AMD) Stock Technical Analysis
USA - NASDAQ:AMD - US0079031078 - Common Stock
Taking everything into account, AMD scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, AMD has proven to be a steady performer, scoring decent points in every aspect analyzed.
Although AMD has an excellent technical rating, it does not present a decent entry opportunity 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
153.17
When analyzing the support we can see 5 important areas.
- A support zone ranging from 230.22 to 233.75. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @174.91 from a trend line in the daily time frame.
- Support @171.94 from a trend line in the weekly time frame.
- Support @164.44 from a trend line in the daily time frame.
- Support @154.72 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 | 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 | 92.78 | POSITIVE | AMD has a high relative strength, it outperformed 92.78% 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) | UP | POSITIVE | The current price of AMD is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 73.14 | OVERBOUGHT | The high RSI value suggests AMD may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.72 | POSITIVE | The MACD value suggests AMD has a positive trend. |
| Stochastics (14,3) | 87.76 | OVERBOUGHT | The high Stochastics value suggests AMD may be overbought. |
| Average True Range in percent/ATR (20) | 5.44 | HIGH VOLATILITY | The high ATR as a percentage value for AMD suggests high volalility. |
| Average Directional Index/ADX (14) | 36.22 | POSITIVE | The high ADX value value for AMD suggests a strong trend. |
252.92
+17.93 (+7.63%)
ADVANCED MICRO DEVICES / AMD FAQ
Can you provide the ChartMill technical rating for ADVANCED MICRO DEVICES?
ChartMill assigns a technical rating of 10 / 10 to AMD.
What is the trend direction for AMD stock?
The current trend direction for ADVANCED MICRO DEVICES (AMD) is Bullish.
Can you provide the RSI signal for ADVANCED MICRO DEVICES?
ADVANCED MICRO DEVICES (AMD) has an RSI value of 73.1379. This indicates that the stock is currently overbought.
Can you provide the MACD signal for ADVANCED MICRO DEVICES?
The MACD indicator for ADVANCED MICRO DEVICES (AMD) has a value of 1.71639, indicating a bullish trend.
Can you provide the short term momentum for ADVANCED MICRO DEVICES?
The short term momentum for ADVANCED MICRO DEVICES (AMD) is positive.