ADVANCED MICRO DEVICES INC. - 15 min. - Technical analysis published on 12/28/2022 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Bearish
Underlying:
Bearish
Technical indicators
67%
6%
28%
My opinion
Bearish under 63.51 USD
My targets
62.73 USD (-0.85%)
62.20 USD (-1.70%)
My analysis
There is a bearish trend on ADVANCED MICRO DEVICES INC. both at the basic level and in the short term. A sale could be considered, so long as the price remains below 63.51 USD. Each support break is a strong signal that the current trend will continue. The first bearish objective would be 62.73 USD. Then the price could move towards 62.20 USD. Then 61.42 USD by extension. Be careful, a return to above the resistance 63.51 USD would be a sign of a weakening of the trend and a possible rebound phase could then occur. In this case, you could keep away while waiting for a signal that the basic trend will resume. Trading against the trend is perhaps more risky.
In the very short term, the general bearish opinion of this analysis is in opposition with technical indicators. As long as the invalidation level of this analysis is not breached, the bearish direction is still favored, however the current short term correction should be carefully watched.
Force
0
10
0.9
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Additional analysis
Quotes
The ADVANCED MICRO DEVICES INC. price is 63.27 USD. On the day, this instrument lost -1.94% and was between 62.97 USD and 64.28 USD. This implies that the price is at +0.48% from its lowest and at -1.57% from its highest.62.97
64.28
63.27
Here is a more detailed summary of the historical variations registered by ADVANCED MICRO DEVICES INC.:
Technical
Technical analysis of this 15 min. chart of ADVANCED MICRO DEVICES INC. indicates that the overall trend is bearish. 67.86% of the signals given by moving averages are bearish. The overall trend seems to be showing some signs of weakness, as do the tentative bearish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
The probability of a further increase are moderate given the direction of the technical indicators.
The Central Indicators scanner found no further results concerning independent technical indicators.
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Near horizontal resistance
Type : Bearish
Timeframe : 15 minutes
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 | 33.28 | 58.90 | 62.26 | 63.27 | 64.61 | 73.41 | 75.26 |
Change (%) | -47.40% | -6.91% | -1.60% | - | +2.12% | +16.03% | +18.95% |
Change | -29.99 | -4.37 | -1.01 | - | +1.34 | +10.14 | +11.99 |
Level | Intermediate | Major | Intermediate | - | Minor | Major | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 61.42 | 62.20 | 62.73 | 63.51 | 64.04 | 64.82 | 65.35 |
Camarilla | 62.91 | 63.03 | 63.15 | 63.27 | 63.39 | 63.51 | 63.63 |
Woodie | 61.31 | 62.14 | 62.62 | 63.45 | 63.93 | 64.76 | 65.24 |
Fibonacci | 62.20 | 62.70 | 63.01 | 63.51 | 64.01 | 64.32 | 64.82 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 56.31 | 59.29 | 61.90 | 64.88 | 67.49 | 70.47 | 73.08 |
Camarilla | 62.98 | 63.50 | 64.01 | 64.52 | 65.03 | 65.55 | 66.06 |
Woodie | 56.14 | 59.20 | 61.73 | 64.79 | 67.32 | 70.38 | 72.91 |
Fibonacci | 59.29 | 61.42 | 62.74 | 64.88 | 67.01 | 68.33 | 70.47 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 42.92 | 50.48 | 64.05 | 71.61 | 85.18 | 92.74 | 106.31 |
Camarilla | 71.82 | 73.76 | 75.69 | 77.63 | 79.57 | 81.50 | 83.44 |
Woodie | 45.94 | 51.98 | 67.07 | 73.11 | 88.20 | 94.24 | 109.33 |
Fibonacci | 50.48 | 58.55 | 63.54 | 71.61 | 79.68 | 84.67 | 92.74 |
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): | 62.62 | |
MACD (12,26,9): | 0.1400 | |
Directional Movement: | 9.67 | |
AROON (14): | 100.00 | |
DEMA (21): | 64.27 | |
Parabolic SAR (0,02-0,02-0,2): | 64.65 | |
Elder Ray (13): | 0.18 | |
Super Trend (3,10): | 63.45 | |
Zig ZAG (10): | 64.52 | |
VORTEX (21): | 1.0000 | |
Stochastique (14,3,5): | 76.30 | |
TEMA (21): | 64.49 | |
Williams %R (14): | -7.58 | |
Chande Momentum Oscillator (20): | 0.49 | |
Repulse (5,40,3): | 0.6300 | |
ROCnROLL: | 1 | |
TRIX (15,9): | 0.0300 | |
Courbe Coppock: | 1.02 |
MA7: | 65.38 | |
MA20: | 69.93 | |
MA50: | 66.85 | |
MA100: | 74.00 | |
MAexp7: | 64.29 | |
MAexp20: | 64.11 | |
MAexp50: | 64.18 | |
MAexp100: | 64.71 | |
Price / MA7: | -3.23% | |
Price / MA20: | -9.52% | |
Price / MA50: | -5.36% | |
Price / MA100: | -14.50% | |
Price / MAexp7: | -1.59% | |
Price / MAexp20: | -1.31% | |
Price / MAexp50: | -1.42% | |
Price / MAexp100: | -2.23% |
Quotes :
-
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:
- Thinking about trading options or stock in Apple, Advanced Micro Devices, Alibaba, Walt Disney, or Exxon Mobil?
- AMD and Viettel Collaborate on 5G Mobile Network Expansion
- AMD to Present at Arete’s Tech Conference
- Thinking about buying stock in Kalera, Dollar General, Walmart, Monster Beverage, or Advanced Micro Devices?
- AMD to Present at Wells Fargo’s Technology, Media and Telecommunications Summit
This member declared not having a position on this financial instrument or a related financial instrument.
About author
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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