ADVANCED MICRO DEVICES INC.
ADVANCED MICRO DEVICES INC.
- USD (-)
- 15 min delayed data - NASDAQ Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: AMD
ISIN:

ADVANCED MICRO DEVICES INC. - Daily - Technical analysis published on 03/17/2021 (GMT)

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I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
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  • Timeframe : Daily
  • - Analysis generated on
  • Status : LEVEL MAINTAINED

Summary of the analysis

Trends
Court terme: Strongly bearish
De fond: Bearish
Technical indicators
50%
11%
39%
My opinion
Bearish under 86.17 USD
My targets
74.70 USD (-9.73%)
62.98 USD (-23.89%)
My analysis
In the short term, we can see an acceleration in the bearish trend on ADVANCED MICRO DEVICES INC., which is a positive signal for sellers. As long as the price remains above 86.17 USD, a sale could be considered. The first bearish objective is located at 74.70 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 62.98 USD as an objective. Crossing it would then enable sellers to target 58.90 USD. If the price were to return above 86.17 USD, it would probably only trigger a small rebound in the short term to give a better base for restarting. Trading this rebound may be risky.

Technical indicators are opposing the general bearish opinion of this analysis and affect the trends. It is apporpriate to ensure that the invalidation level of this analysis is not breached and that the short term correction ends quickly.
Force
0
10
3

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Doszpy. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

Additional analysis

Quotes

ADVANCED MICRO DEVICES INC. rating 82.75 USD. The price has increased by +0.30% since the last closing with the lowest point at 82.25 USD and the highest point at 84.75 USD. The deviation from the price is +0.61% for the low point and -2.36% for the high point.

82.25
84.75
82.75

The Central Gaps scanner detects a bullish gap which is a sign that buyers have taken the lead in the very short term.

Central Gaps

Opening Gap UP

Type : Bullish

Timeframe : Openning



A study of price movements over other periods shows the following variations:

Technical


Technical analysis of ADVANCED MICRO DEVICES INC. in Daily shows an overall bearish trend. The signals given by moving averages are 75.00% bearish. This bearish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:

Central Indicators

Bullish trend reversal : Moving Average 100

Type : Bullish

Timeframe : Daily



Technical indicators are slightly bullish. There is therefore considerable uncertainty about the continuation of the increase.
But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

CCI indicator: bullish divergence

Type : Bullish

Timeframe : Daily


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly


Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Daily


Pivot points : price is under support 1

Type : Neutral

Timeframe : Daily


Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly


MACD crosses UP its Moving Average

Type : Bullish

Timeframe : Daily


Parabolic SAR indicator bullish reversal

Type : Bullish

Timeframe : Daily


Momentum indicator is back over 0

Type : Bullish

Timeframe : Daily



An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : Daily


Near resistance of channel

Type : Bearish

Timeframe : Daily


Near support of triangle

Type : Bullish

Timeframe : Daily



For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:

Central Candlesticks

Upside gap

Type : Bullish

Timeframe : Daily




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 50.10 58.90 74.70 82.75 86.17 90.08 97.24
Change (%) -39.46% -28.82% -9.73% - +4.13% +8.86% +17.51%
Change -32.65 -23.85 -8.05 - +3.42 +7.33 +14.49
Level Minor Major Major - Major Intermediate Major



To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard79.2580.7581.7583.2584.2585.7586.75
Camarilla82.0682.2982.5282.7582.9883.2183.44
Woodie79.0080.6381.5083.1384.0085.6386.50
Fibonacci80.7581.7182.3083.2584.2184.8085.75


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard67.9570.9075.9878.9384.0186.9692.04
Camarilla78.8479.5880.3181.0581.7982.5283.26
Woodie69.0171.4377.0479.4685.0787.4993.10
Fibonacci70.9073.9775.8778.9382.0083.9086.96


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard62.9871.1777.8486.0392.70100.89107.56
Camarilla80.4281.7983.1584.5185.8787.2388.60
Woodie62.2270.7977.0885.6591.94100.51106.80
Fibonacci71.1776.8580.3586.0391.7195.21100.89

Numerical data


The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators
Moving averages

RSI (14): 47.91
MACD (12,26,9): -2.2500
Directional Movement: -5.11
AROON (14): -50.00
DEMA (21): 79.69
Parabolic SAR (0,02-0,02-0,2): 74.05
Elder Ray (13): 1.91
Super Trend (3,10): 87.94
Zig ZAG (10): 82.75
VORTEX (21): 0.8000
Stochastique (14,3,5): 62.28
TEMA (21): 78.97
Williams %R (14): -32.80
Chande Momentum Oscillator (20): -1.76
Repulse (5,40,3): -0.8800
ROCnROLL: -1
TRIX (15,9): -0.4400
Courbe Coppock: 15.33
MA7: 79.65
MA20: 82.87
MA50: 87.84
MA100: 87.38
MAexp7: 81.11
MAexp20: 82.77
MAexp50: 85.79
MAexp100: 85.17
Price / MA7: +3.89%
Price / MA20: -0.14%
Price / MA50: -5.79%
Price / MA100: -5.30%
Price / MAexp7: +2.02%
Price / MAexp20: -0.02%
Price / MAexp50: -3.54%
Price / MAexp100: -2.84%

Quotes : 2021-03-16 19:59:59 - 15 min delayed data - NASDAQ Stocks

This member declared not having a position on this financial instrument or a related financial instrument.

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