ADVANCED MICRO DEVICES INC. - 15 min. - Technical analysis published on 01/19/2023 (GMT)
- 348
- 0
I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
Click here for a new analysis!
Click here for a new analysis!
- 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:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
33%
50%
17%
My opinion
Bearish under 69.76 USD
My targets
67.48 USD (-0.47%)
63.46 USD (-6.40%)
My analysis
The bearish trend is currently very strong for ADVANCED MICRO DEVICES INC.. As long as the price remains below the resistance at 69.76 USD, you could try to take advantage of the bearish rally. The first bearish objective is located at 67.48 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 63.46 USD as an objective. Crossing it would then enable sellers to target 61.96 USD. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
6.6
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 kenneth6411a. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The ADVANCED MICRO DEVICES INC. rating is 67.80 USD. The price is lower by -3.87% since the last closing and was between 67.26 USD and 69.25 USD. This implies that the price is at +0.80% from its lowest and at -2.09% from its highest.67.26
69.25
67.80
The Central Gaps scanner detects the formation of a bearish gap marking the strong presence of sellers ahead of buyers at the opening. This formed a quotation gap.
Opening Gap DOWN
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Technical
A technical analysis in 15 min. of this ADVANCED MICRO DEVICES INC. chart shows a sharp bearish trend. 92.86% 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 scanner does not detect any result on moving averages that would impact this trend.
On the 18 technical indicators analysed, 6 are bullish, 3 are neutral and 9 are bearish. Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is oversold : under 30
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is under support 3
Type : Neutral
Timeframe : 15 minutes
MACD crosses UP its Moving Average
Type : Bullish
Timeframe : 15 minutes
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Near horizontal support
Type : Bullish
Timeframe : 15 minutes
Support of channel is broken
Type : Bearish
Timeframe : 15 minutes
The presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:
Bullish engulfing lines
Type : Bullish
Timeframe : 15 minutes
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 58.90 | 60.05 | 61.96 | 67.80 | 68.30 | 73.41 | 75.21 |
| Change (%) | -13.13% | -11.43% | -8.61% | - | +0.74% | +8.27% | +10.93% |
| Change | -8.90 | -7.75 | -5.84 | - | +0.50 | +5.61 | +7.41 |
| Level | Major | Minor | Minor | - | Major | Major | Minor |
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 | 67.48 | 68.99 | 69.76 | 71.27 | 72.04 | 73.55 | 74.32 |
| Camarilla | 69.90 | 70.11 | 70.32 | 70.53 | 70.74 | 70.95 | 71.16 |
| Woodie | 67.11 | 68.81 | 69.39 | 71.09 | 71.67 | 73.37 | 73.95 |
| Fibonacci | 68.99 | 69.86 | 70.40 | 71.27 | 72.14 | 72.68 | 73.55 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 61.25 | 63.46 | 67.23 | 69.44 | 73.21 | 75.42 | 79.19 |
| Camarilla | 69.36 | 69.90 | 70.45 | 71.00 | 71.55 | 72.10 | 72.65 |
| Woodie | 62.03 | 63.85 | 68.01 | 69.83 | 73.99 | 75.81 | 79.97 |
| Fibonacci | 63.46 | 65.74 | 67.16 | 69.44 | 71.72 | 73.14 | 75.42 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 40.81 | 51.38 | 58.08 | 68.65 | 75.35 | 85.92 | 92.62 |
| Camarilla | 60.02 | 61.60 | 63.19 | 64.77 | 66.35 | 67.94 | 69.52 |
| Woodie | 38.87 | 50.41 | 56.14 | 67.68 | 73.41 | 84.95 | 90.68 |
| Fibonacci | 51.38 | 57.98 | 62.06 | 68.65 | 75.25 | 79.33 | 85.92 |
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): | 28.02 | |
| MACD (12,26,9): | -0.8600 | |
| Directional Movement: | -21.09 | |
| AROON (14): | -71.43 | |
| DEMA (21): | 67.60 | |
| Parabolic SAR (0,02-0,02-0,2): | 68.13 | |
| Elder Ray (13): | -0.41 | |
| Super Trend (3,10): | 68.90 | |
| Zig ZAG (10): | 67.94 | |
| VORTEX (21): | 0.8500 | |
| Stochastique (14,3,5): | 22.99 | |
| TEMA (21): | 67.26 | |
| Williams %R (14): | -68.57 | |
| Chande Momentum Oscillator (20): | -1.05 | |
| Repulse (5,40,3): | -0.1500 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.1800 | |
| Courbe Coppock: | 7.14 |
| MA7: | 69.84 | |
| MA20: | 66.39 | |
| MA50: | 69.25 | |
| MA100: | 68.96 | |
| MAexp7: | 67.91 | |
| MAexp20: | 68.72 | |
| MAexp50: | 69.80 | |
| MAexp100: | 69.94 | |
| Price / MA7: | -2.92% | |
| Price / MA20: | +2.12% | |
| Price / MA50: | -2.09% | |
| Price / MA100: | -1.68% | |
| Price / MAexp7: | -0.16% | |
| Price / MAexp20: | -1.34% | |
| Price / MAexp50: | -2.87% | |
| Price / MAexp100: | -3.06% |
Quotes :
-
15 min delayed data
-
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:
- AMD Adaptive Computing Technology Enables Next-Generation DENSO LiDAR System, Delivering 20X Improvement in Resolution
- AMD Promotes Forrest Norrod to Executive Vice President of Data Center Solutions Business
- AMD Announces CFO Transition
- Thinking about trading options or stock in TD Synnex, Apple, Pfizer, Advanced Micro Devices, or Verizon?
- AMD Extends its Leadership with the Introduction of its Broadest Portfolio of High-Performance PC Products for Mobile and Desktop
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
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…
Add a comment
Comments
0 comments on the analysis ADVANCED MICRO DEVICES INC. - 15 min.