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 03/07/2022 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Strongly bearish

Technical indicators

11%

78%

11%

My opinion

Bearish under 107.41 USD

My targets

97.25 USD (-7.95%)

81.89 USD (-22.49%)

My analysis

ADVANCED MICRO DEVICES INC. is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 107.41 USD. The next support located at 97.25 USD is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 81.89 USD. Below this support, sellers could then target 73.09 USD. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.

In the very short term, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.

Force

7.1

Comment on the analysis

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 finacian. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The ADVANCED MICRO DEVICES INC. price is 105.65 USD. The price registered a decrease of -2.55% on the session and was traded between 105.47 USD and 109.53 USD over the period. The price is currently at +0.17% from its lowest and -3.54% from its highest.

105.47

109.53

105.65

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

Here is a more detailed summary of the historical variations registered by ADVANCED MICRO DEVICES INC.:

The Central Records scanner, which identifies the highest / lowest, has detected an element:

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

A technical analysis in Daily of this ADVANCED MICRO DEVICES INC. chart shows a sharp bearish trend. 82.14% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

The probability of a further decline is high given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : Daily

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily

The Central Indicators scanner specialised in technical indicators, has not detected anything further.

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Near support of channel

Type : Bullish

Timeframe : Daily

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bearish signal that could support the hypothesis of a small drop in the very short term:

Three black crows

Type : Bearish

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	73.09	81.89	97.25	105.65	118.77	133.17	154.36
Change (%)	-30.82%	-22.49%	-7.95%	-	+12.42%	+26.05%	+46.11%
Change	-32.56	-23.76	-8.40	-	+13.12	+27.52	+48.71
Level	Major	Minor	Major	-	Major	Major	Minor

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	99.62	103.22	105.81	109.41	112.00	115.60	118.19
Camarilla	106.71	107.28	107.84	108.41	108.98	109.55	110.11
Woodie	99.13	102.97	105.32	109.16	111.51	115.35	117.70
Fibonacci	103.22	105.58	107.04	109.41	111.77	113.23	115.60

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	84.14	95.48	101.94	113.28	119.74	131.08	137.54
Camarilla	103.52	105.15	106.78	108.41	110.04	111.67	113.31
Woodie	81.71	94.26	99.51	112.06	117.31	129.86	135.11
Fibonacci	95.48	102.28	106.48	113.28	120.08	124.28	131.08

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	78.71	91.49	107.41	120.19	136.11	148.89	164.81
Camarilla	115.45	118.08	120.71	123.34	125.97	128.60	131.23
Woodie	80.29	92.28	108.99	120.98	137.69	149.68	166.39
Fibonacci	91.49	102.45	109.22	120.19	131.15	137.92	148.89

Numerical data

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

Technical indicators

Moving averages

RSI (14):	40.47
MACD (12,26,9):	-3.5000
Directional Movement:	-13.40
AROON (14):	14.29
DEMA (21):	111.55
Parabolic SAR (0,02-0,02-0,2):	120.11
Elder Ray (13):	-6.52
Super Trend (3,10):	128.87
Zig ZAG (10):	106.83
VORTEX (21):	0.8800
Stochastique (14,3,5):	22.54
TEMA (21):	111.61
Williams %R (14):	-86.73
Chande Momentum Oscillator (20):	-10.78
Repulse (5,40,3):	-7.4100
ROCnROLL:	2
TRIX (15,9):	-0.3500
Courbe Coppock:	11.48

MA7:	114.86
MA20:	117.45
MA50:	125.20
MA100:	131.43
MAexp7:	112.39
MAexp20:	116.20
MAexp50:	122.23
MAexp100:	123.13
Price / MA7:	-8.02%
Price / MA20:	-10.05%
Price / MA50:	-15.62%
Price / MA100:	-19.62%
Price / MAexp7:	-6.00%
Price / MAexp20:	-9.08%
Price / MAexp50:	-13.56%
Price / MAexp100:	-14.20%

Quotes : - 15 min delayed data - NASDAQ Stocks

News

The latest news and videos published on ADVANCED MICRO DEVICES INC. at the time of the analysis were as follows:

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

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