ADVANCED MICRO DEVICES INC. - 1H - Technical analysis published on 08/26/2021 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Bullish
Technical indicators
50%
11%
39%
My opinion
Bullish above 104.36 USD
My targets
110.55 USD (+2.08%)
118.77 USD (+9.67%)
My analysis
ADVANCED MICRO DEVICES INC. is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 104.36 USD. The next resistance located at 110.55 USD is the next bullish target to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 118.77 USD. After this resistance, buyers could then target 122.40 USD.
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
5.9
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This analysis was given by Smurph77. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The ADVANCED MICRO DEVICES INC. rating is 108.30 USD. The price has increased by +0.60% since the last closing and was traded between 107.45 USD and 109.91 USD over the period. The price is currently at +0.79% from its lowest and -1.46% from its highest.107.45
109.91
108.30
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Abnormal volumes
Timeframe : 20 days
Technical
Technical analysis of ADVANCED MICRO DEVICES INC. in 1H shows an overall bullish trend. 78.57% of the signals given by moving averages are bullish. The overall trend is reinforced by the strong bullish signals from short-term moving averages. An assessment of moving averages reveals a bullish signal that could impact this trend:
Bullish price crossover with adaptative moving average 100
Type : Bullish
Timeframe : 1 hour
The probability of a further increase is slight given the direction of the technical indicators.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Price is back over the pivot point
Type : Bullish
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Momentum indicator is back over 0
Type : Bullish
Timeframe : 1 hour
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:
Resistance of channel is broken
Type : Bullish
Timeframe : 1 hour
Support of triangle is broken
Type : Bearish
Timeframe : 1 hour
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 94.10 | 97.25 | 104.36 | 108.30 | 110.55 | 118.77 | 122.40 |
| Change (%) | -13.11% | -10.20% | -3.64% | - | +2.08% | +9.67% | +13.02% |
| Change | -14.20 | -11.05 | -3.94 | - | +2.25 | +10.47 | +14.10 |
| Level | Minor | Major | Major | - | Intermediate | Major | Intermediate |
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 |
|---|---|---|---|---|---|---|---|
| Standard | 104.74 | 106.09 | 107.20 | 108.55 | 109.66 | 111.01 | 112.12 |
| Camarilla | 107.62 | 107.85 | 108.08 | 108.30 | 108.53 | 108.75 | 108.98 |
| Woodie | 104.61 | 106.03 | 107.07 | 108.49 | 109.53 | 110.95 | 111.99 |
| Fibonacci | 106.09 | 107.03 | 107.61 | 108.55 | 109.49 | 110.07 | 111.01 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 90.94 | 96.46 | 100.55 | 106.07 | 110.16 | 115.68 | 119.77 |
| Camarilla | 102.01 | 102.89 | 103.77 | 104.65 | 105.53 | 106.41 | 107.29 |
| Woodie | 90.24 | 96.10 | 99.85 | 105.71 | 109.46 | 115.32 | 119.07 |
| Fibonacci | 96.46 | 100.13 | 102.40 | 106.07 | 109.74 | 112.01 | 115.68 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 68.57 | 76.40 | 91.30 | 99.13 | 114.03 | 121.86 | 136.76 |
| Camarilla | 99.94 | 102.02 | 104.11 | 106.19 | 108.27 | 110.36 | 112.44 |
| Woodie | 72.10 | 78.17 | 94.83 | 100.90 | 117.56 | 123.63 | 140.29 |
| Fibonacci | 76.40 | 85.09 | 90.45 | 99.13 | 107.82 | 113.18 | 121.86 |
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): | 55.32 | |
| MACD (12,26,9): | 0.5400 | |
| Directional Movement: | 9.96 | |
| AROON (14): | 50.00 | |
| DEMA (21): | 108.43 | |
| Parabolic SAR (0,02-0,02-0,2): | 109.58 | |
| Elder Ray (13): | 0.39 | |
| Super Trend (3,10): | 105.41 | |
| Zig ZAG (10): | 108.30 | |
| VORTEX (21): | 1.1400 | |
| Stochastique (14,3,5): | 36.31 | |
| TEMA (21): | 108.74 | |
| Williams %R (14): | -61.22 | |
| Chande Momentum Oscillator (20): | 0.39 | |
| Repulse (5,40,3): | -0.0400 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0900 | |
| Courbe Coppock: | 0.91 |
| MA7: | 106.30 | |
| MA20: | 108.10 | |
| MA50: | 96.55 | |
| MA100: | 88.15 | |
| MAexp7: | 108.18 | |
| MAexp20: | 107.71 | |
| MAexp50: | 107.17 | |
| MAexp100: | 106.51 | |
| Price / MA7: | +1.88% | |
| Price / MA20: | +0.19% | |
| Price / MA50: | +12.17% | |
| Price / MA100: | +22.86% | |
| Price / MAexp7: | +0.11% | |
| Price / MAexp20: | +0.55% | |
| Price / MAexp50: | +1.05% | |
| Price / MAexp100: | +1.68% |
Quotes :
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15 min delayed data
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NASDAQ Stocks
News
Don't forget to follow the news on ADVANCED MICRO DEVICES INC.. At the time of publication of this analysis, the latest news was as follows:
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Is It Time to Buy Advanced Micro Devices? by FX Empire
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- Thinking about trading options or stock in Advanced Micro Devices, Alibaba, NVIDIA, Uber, or Apple?
- Thinking about trading options or stock in Palantir Technologies, Macy's, Alibaba, Nio, or Advanced Micro Devices?
This member declared not having a position on this financial instrument or a related financial instrument.
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