ADVANCED MICRO DEVICES INC. - 1H - Technical analysis published on 03/17/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
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Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Slightly bullish
Technical indicators
28%
39%
33%
My opinion
Bullish above 105.36 USD
My targets
111.28 USD (+0.57%)
115.36 USD (+4.26%)
My analysis
The bullish trend is truly tentative and does not seem to be supported in the short term. It is advisable to trade ADVANCED MICRO DEVICES INC. with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 105.36 USD. The buyers' bullish objective is set at 111.28 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 115.36 USD. If there is any crossing, the next objective would be the resistance located at 118.77 USD. If there is a bearish break in the support located at 105.36 USD some indecision would arise.
In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.
Force
0
10
1.8
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This analysis was given by Damien00121. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
ADVANCED MICRO DEVICES INC. rating 110.65 USD. The price registered a decrease of -4.09% on the session and was traded between 109.71 USD and 114.27 USD over the period. The price is currently at +0.86% from its lowest and -3.17% from its highest.109.71
114.27
110.65
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by ADVANCED MICRO DEVICES INC.:
Technical
A technical analysis in 1H of this ADVANCED MICRO DEVICES INC. chart shows a slightly bullish trend. Only 60.71% of the signals given by moving averages are bullish. This slightly bullish trend is not supported by the signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting several bearish signals that could impact this trend:
Bearish price crossover with Moving Average 20
Type : Bearish
Timeframe : 1 hour
Bearish price crossover with Moving Average 100
Type : Bearish
Timeframe : 1 hour
Bearish price crossover with adaptative moving average 20
Type : Bearish
Timeframe : 1 hour
Bearish price crossover with adaptative moving average 100
Type : Bearish
Timeframe : 1 hour
In fact, of the 18 technical indicators analysed by Central Analyzer, 5 are bullish, 6 are neutral and 7 are bearish. Other results related to technical indicators were also found by the Central Indicators scanner:
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Pivot points : price is under support 1
Type : Neutral
Timeframe : 1 hour
Momentum indicator is back under 0
Type : Bearish
Timeframe : 1 hour
Williams %R indicator is back over -50
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:
Near horizontal support
Type : Bullish
Timeframe : 1 hour
Near support of channel
Type : Bullish
Timeframe : 1 hour
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 97.25 | 101.04 | 104.30 | 110.65 | 111.28 | 115.36 | 118.77 |
| Change (%) | -12.11% | -8.69% | -5.74% | - | +0.57% | +4.26% | +7.34% |
| Change | -13.40 | -9.61 | -6.35 | - | +0.63 | +4.71 | +8.12 |
| Level | Major | Minor | Minor | - | Intermediate | Minor | 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 | 106.17 | 108.03 | 111.70 | 113.56 | 117.23 | 119.09 | 122.76 |
| Camarilla | 113.85 | 114.36 | 114.86 | 115.37 | 115.88 | 116.38 | 116.89 |
| Woodie | 107.08 | 108.48 | 112.61 | 114.01 | 118.14 | 119.54 | 123.67 |
| Fibonacci | 108.03 | 110.14 | 111.45 | 113.56 | 115.67 | 116.98 | 119.09 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 87.38 | 93.73 | 99.01 | 105.36 | 110.64 | 116.99 | 122.27 |
| Camarilla | 101.09 | 102.16 | 103.22 | 104.29 | 105.36 | 106.42 | 107.49 |
| Woodie | 86.85 | 93.46 | 98.48 | 105.09 | 110.11 | 116.72 | 121.74 |
| Fibonacci | 93.73 | 98.17 | 100.92 | 105.36 | 109.80 | 112.55 | 116.99 |
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 are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 51.89 | |
| MACD (12,26,9): | 1.2500 | |
| Directional Movement: | 1.01 | |
| AROON (14): | 57.14 | |
| DEMA (21): | 112.38 | |
| Parabolic SAR (0,02-0,02-0,2): | 115.09 | |
| Elder Ray (13): | -0.46 | |
| Super Trend (3,10): | 108.43 | |
| Zig ZAG (10): | 110.50 | |
| VORTEX (21): | 1.1300 | |
| Stochastique (14,3,5): | 37.93 | |
| TEMA (21): | 112.96 | |
| Williams %R (14): | -70.16 | |
| Chande Momentum Oscillator (20): | -1.96 | |
| Repulse (5,40,3): | -0.4600 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.2300 | |
| Courbe Coppock: | 6.37 |
| MA7: | 108.46 | |
| MA20: | 111.64 | |
| MA50: | 118.71 | |
| MA100: | 130.82 | |
| MAexp7: | 111.40 | |
| MAexp20: | 110.62 | |
| MAexp50: | 109.35 | |
| MAexp100: | 110.27 | |
| Price / MA7: | +2.02% | |
| Price / MA20: | -0.89% | |
| Price / MA50: | -6.79% | |
| Price / MA100: | -15.42% | |
| Price / MAexp7: | -0.67% | |
| Price / MAexp20: | +0.03% | |
| Price / MAexp50: | +1.19% | |
| Price / MAexp100: | +0.34% |
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:
- Introducing AMD Software: Adrenalin Edition 2022 Release and AMD FidelityFX Super Resolution 2.0 – Delivering High-Performance and Visually Stunning Gaming Experiences
- AMD Launches the Ultimate Gaming Processor, Brings Enthusiast Performance to an Expanded Lineup of Ryzen Desktop Processors
- Thinking about trading options or stock in Chevron, Apple, Advanced Micro Devices, Anthem, or Boeing?
- AMD Radeon™ PRO W6600X GPU for Mac Pro Unleashes New Creative Possibilities for Design and Content Creation Professionals
- New AMD Ryzen Threadripper PRO 5000 WX-Series Processors are the Ultimate Workstation Processors for Professionals with Up-to Double the Performance of Competing Solutions
This member declared not having a position on this financial instrument or a related financial instrument.
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