Taking everything into account, AMD scores 4 out of 10 in our technical rating. AMD was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
AMD has an average technical rating and the quality of the presented setup is also not ideal 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
3 important support areas can be observed.
- Support @203.16 from a horizontal line in the weekly time frame.
- Support @198.10 from a horizontal line in the daily time frame.
- Support @154.72 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 204.53 to 204.63. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 211.53 to 213.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 218.26 to 223.98. This zone is formed by a combination of multiple trend lines and important moving averages 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 | DOWN | NEGATIVE | The short term trend for AMD is down. |
| ChartMill Relative Strength | 88.49 | POSITIVE | AMD has a high relative strength, it outperformed 88.49% 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) | 38.99 | NEUTRAL | The RSI value for AMD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.57 | NEGATIVE | The MACD value suggests AMD has a negative trend. |
| Stochastics (14,3) | 15.67 | OVERSOLD | The low Stochastics value suggests AMD may be oversold. |
| Average True Range in percent/ATR (20) | 4.02 | MEDIUM VOLATILITY | The ATR as a percentage value for AMD suggests some volalility. |
| Average Directional Index/ADX (14) | 12.54 | NEGATIVE | The low ADX value for AMD suggests a weak or negative trend. |
203.17
-1.51 (-0.74%)
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 Bullish.
What is the RSI signal for ADVANCED MICRO DEVICES (AMD) stock?
ADVANCED MICRO DEVICES (AMD) has an RSI value of 38.9922. 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 -0.568846, indicating a bearish trend.
What is the support and resistance level for AMD stock?
ADVANCED MICRO DEVICES (AMD) has a support level at 203.16 and a resistance level at 204.53. Check the full technical report for our detailed analysis of AMD support and resistance levels.