ADVANCED MICRO DEVICES INC.
ADVANCED MICRO DEVICES INC.
81.96 USD (+3.20%)
Closed 15 min delayed data - NASDAQ Stocks
Open: 80.93
Change: +2.54
Volume: 46,557,675
Low: 79.33
High: 81.99
High / Low range: 2.66
Type: Stocks
Ticker: AMD
ISIN:

ADVANCED MICRO DEVICES INC. - Daily - Technical analysis published on 10/08/2019

  • Who voted?
  • 139
  • 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!
  • Timeframe : Daily
  • - Analysis generated on 2019-10-08 13:16:46
  • Status : TARGET REACHED

Summary of the analysis

Trends
Court terme: Strongly bearish
De fond: Bearish
Technical indicators
39%
39%
22%
My opinion
Bearish under 29.69 USD
My targets
27.99 USD (-3.25%)
26.26 USD (-9.23%)
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 29.69 USD. The next support located at 27.99 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 26.26 USD. Below this support, sellers could then target 24.85 USD.

In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
FORCE
0
10
4.6

Complete this analysis for another time unit:
15 min. 1H Weekly
Attention: This analysis is for information purposes only and does not constitute personalized investment advice or an incentive 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 product 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 analysis. 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.

Additional analysis

Quotes

The ADVANCED MICRO DEVICES INC. rating is 28.93 USD. On the day, this instrument lost -0.28% with the lowest point at 28.84 USD and the highest point at 29.63 USD. The deviation from the price is +0.31% for the low point and -2.36% for the high point.

28.84
29.63
28.93

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:
The study of the highest / lowest by the Central Records scanner shows the following result:

Central Records

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of this Daily chart of ADVANCED MICRO DEVICES INC. indicates that the overall trend is bearish. 78.57% of the signals given by moving averages are bearish. The overall trend is reinforced by the strong bearish signals from short-term moving averages. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:

Central Indicators

Moving Average bearish crossovers : MA50 & MA100

Type : Bearish

Timeframe : Daily



The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Central Indicators

Price is back over the pivot point

Type : Bullish

Timeframe : Daily



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

Central Patterns

Near support of triangle

Type : Bullish

Timeframe : Daily



The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 24.85 26.26 27.99 28.93 29.69 32.72 34.29
Change (%) -14.10% -9.23% -3.25% - +2.63% +13.10% +18.53%
Change -4.08 -2.67 -0.94 - +0.76 +3.79 +5.36
Level Minor Intermediate Major - Intermediate Intermediate Intermediate



Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard28.2128.3928.7028.8829.1929.3729.68
Camarilla28.8828.9228.9729.0129.0629.1029.15
Woodie28.2828.4228.7728.9129.2629.4029.75
Fibonacci28.3928.5828.6928.8829.0729.1829.37


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard25.6726.5527.7828.6629.8930.7732.00
Camarilla28.4328.6228.8229.0129.2029.4029.59
Woodie25.8526.6427.9628.7530.0730.8632.18
Fibonacci26.5527.3627.8528.6629.4729.9630.77


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard23.8426.1027.5429.8031.2433.5034.94
Camarilla27.9728.3128.6528.9929.3329.6730.01
Woodie23.4425.9027.1429.6030.8433.3034.54
Fibonacci26.1027.5128.3829.8031.2132.0833.50

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): 42.15
MACD (12,26,9): -0.5700
Directional Movement: -9.92
AROON (14): -85.71
DEMA (21): 28.84
Parabolic SAR (0,02-0,02-0,2): 30.48
Elder Ray (13): -0.02
Super Trend (3,10): 31.17
Zig ZAG (10): 28.93
VORTEX (21): 0.8900
Stochastique (14,3,5): 38.41
TEMA (21): 28.58
Williams %R (14): -57.51
Chande Momentum Oscillator (20): -1.36
Repulse (5,40,3): 0.3300
ROCnROLL: 2
TRIX (15,9): -0.2400
Courbe Coppock: 10.69
MA7: 28.77
MA20: 29.70
MA50: 30.50
MA100: 30.62
MAexp7: 28.96
MAexp20: 29.56
MAexp50: 30.21
MAexp100: 29.85
Price / MA7: +0.56%
Price / MA20: -2.59%
Price / MA50: -5.15%
Price / MA100: -5.52%
Price / MAexp7: -0.10%
Price / MAexp20: -2.13%
Price / MAexp50: -4.24%
Price / MAexp100: -3.08%

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.

About author

Online

Overall rating :
13491
Number of analyses :
Followers :
0

Add a comment

no pic

Comments

0 comments on the analysis ADVANCED MICRO DEVICES INC. - Daily