ADVANCED MICRO DEVICES INC. - 1H - Technical analysis published on 06/17/2021 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Strongly bullish
Technical indicators
78%
6%
17%
My opinion
Bullish above 82.00 USD
My targets
86.35 USD (+3.41%)
87.69 USD (+5.02%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on ADVANCED MICRO DEVICES INC. as long as the price remains well above 82.00 USD. The buyers' bullish objective is set at 86.35 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 87.69 USD. If there is any crossing, the next objective would be the resistance located at 93.77 USD. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible overbought items that could be a sign of a possible short-term correction.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
7.9
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.
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Additional analysis
Quotes
ADVANCED MICRO DEVICES INC. rating 83.50 USD. On the day, this instrument gained +4.23% and was between 80.57 USD and 83.62 USD. This implies that the price is at +3.64% from its lowest and at -0.14% from its highest.80.57
83.62
83.50
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Technical
A technical analysis in 1H of this ADVANCED MICRO DEVICES INC. chart shows a strongly bullish trend. 85.71% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages indicate this trend is showing signs of running out of steam. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:
Moving Average bullish crossovers : MA20 & MA50
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with Moving Average 50
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with Moving Average 100
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with adaptative moving average 20
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with adaptative moving average 50
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with adaptative moving average 100
Type : Bullish
Timeframe : 1 hour
The probability of a further increase is high given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : 1 hour
RSI indicator is back over 50
Type : Bullish
Timeframe : 1 hour
MACD crosses UP its Moving Average
Type : Bullish
Timeframe : 1 hour
Parabolic SAR indicator bullish reversal
Type : Bullish
Timeframe : 1 hour
Aroon indicator bullish trend
Type : Bullish
Timeframe : 1 hour
Ichimoku : price is over the cloud
Type : Bullish
Timeframe : 1 hour
SuperTrend indicator bullish reversal
Type : Bullish
Timeframe : 1 hour
The analysis of the price chart with Central Patterns scanners does not return any result.
For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of these bullish patterns in Japanese candlesticks:
Upside gap
Type : Bullish
Timeframe : 1 hour
Long white line
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 78.03 | 79.96 | 82.00 | 83.50 | 86.35 | 93.77 | 97.25 |
| Change (%) | -6.55% | -4.24% | -1.80% | - | +3.41% | +12.30% | +16.47% |
| Change | -5.47 | -3.54 | -1.50 | - | +2.85 | +10.27 | +13.75 |
| Level | Intermediate | Intermediate | Major | - | Intermediate | Minor | Major |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 76.41 | 77.68 | 78.90 | 80.17 | 81.39 | 82.66 | 83.88 |
| Camarilla | 79.43 | 79.65 | 79.88 | 80.11 | 80.34 | 80.57 | 80.80 |
| Woodie | 76.38 | 77.67 | 78.87 | 80.16 | 81.36 | 82.65 | 83.85 |
| Fibonacci | 77.68 | 78.64 | 79.22 | 80.17 | 81.13 | 81.71 | 82.66 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 76.85 | 78.28 | 79.79 | 81.22 | 82.73 | 84.16 | 85.67 |
| Camarilla | 80.50 | 80.77 | 81.04 | 81.31 | 81.58 | 81.85 | 82.12 |
| Woodie | 76.90 | 78.30 | 79.84 | 81.24 | 82.78 | 84.18 | 85.72 |
| Fibonacci | 78.28 | 79.40 | 80.09 | 81.22 | 82.34 | 83.03 | 84.16 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 64.89 | 68.69 | 74.39 | 78.19 | 83.89 | 87.69 | 93.39 |
| Camarilla | 77.47 | 78.34 | 79.21 | 80.08 | 80.95 | 81.82 | 82.69 |
| Woodie | 65.83 | 69.17 | 75.33 | 78.67 | 84.83 | 88.17 | 94.33 |
| Fibonacci | 68.69 | 72.32 | 74.56 | 78.19 | 81.82 | 84.06 | 87.69 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 68.45 | |
| MACD (12,26,9): | 0.3000 | |
| Directional Movement: | 14.66 | |
| AROON (14): | 21.43 | |
| DEMA (21): | 81.57 | |
| Parabolic SAR (0,02-0,02-0,2): | 79.22 | |
| Elder Ray (13): | 1.91 | |
| Super Trend (3,10): | 80.84 | |
| Zig ZAG (10): | 83.29 | |
| VORTEX (21): | 1.1300 | |
| Stochastique (14,3,5): | 95.70 | |
| TEMA (21): | 81.87 | |
| Williams %R (14): | -4.72 | |
| Chande Momentum Oscillator (20): | 2.47 | |
| Repulse (5,40,3): | 2.4100 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0000 | |
| Courbe Coppock: | 0.05 |
| MA7: | 81.19 | |
| MA20: | 80.13 | |
| MA50: | 79.75 | |
| MA100: | 81.81 | |
| MAexp7: | 81.47 | |
| MAexp20: | 81.30 | |
| MAexp50: | 81.04 | |
| MAexp100: | 80.56 | |
| Price / MA7: | +2.85% | |
| Price / MA20: | +4.21% | |
| Price / MA50: | +4.70% | |
| Price / MA100: | +2.07% | |
| Price / MAexp7: | +2.49% | |
| Price / MAexp20: | +2.71% | |
| Price / MAexp50: | +3.04% | |
| Price / MAexp100: | +3.65% |
Quotes :
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15 min delayed data
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NASDAQ Stocks
News
The last news published on ADVANCED MICRO DEVICES INC. at the time of the generation of this analysis was as follows:
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