APPLIED MATERIALS INC. - 15 min. - Technical analysis published on 06/10/2021 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Slightly bearish
Technical indicators
67%
6%
28%
My opinion
Bullish above 135.56 USD
My targets
138.46 USD (+1.50%)
139.46 USD (+2.23%)
My analysis
The strong short-term increase in APPLIED MATERIALS INC. calls into question the currently slightly bearish basic trend. A trend reversal is likely. As long as the price remains above 135.56 USD, you could consider taking advantage of the short-term movement. The first bullish objective is located at 138.46 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 139.46 USD as an objective. Crossing it would then enable buyers to target 140.78 USD. Caution, a return under 135.56 USD could jeopardize the reversal.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
2.3
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Additional analysis
Quotes
APPLIED MATERIALS INC. rating 136.42 USD. The price registered an increase of +1.32% on the session and was between 135.30 USD and 138.17 USD. This implies that the price is at +0.83% from its lowest and at -1.27% from its highest.135.30
138.17
136.42
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of APPLIED MATERIALS INC. in 15 min. shows an overall slightly bearish trend. 57.14% of the signals given by moving averages are bearish. Caution: the strong bullish signals currently being given by short-term moving averages indicate that this slightly bearish trend could quickly be reversed. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, according to the parameters integrated into the Central Analyzer system, 12 technical indicators out of 18 analysed are currently bullish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Ichimoku - Bullish crossover : Tenkan & Kijun
Type : Bullish
Timeframe : 15 minutes
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Williams %R indicator is back over -50
Type : Bullish
Timeframe : 15 minutes
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Near horizontal support
Type : Bullish
Timeframe : 15 minutes
Near support of triangle
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 | 122.81 | 125.34 | 135.08 | 136.42 | 137.40 | 140.78 | 143.05 |
| Change (%) | -9.98% | -8.12% | -0.98% | - | +0.72% | +3.20% | +4.86% |
| Change | -13.61 | -11.08 | -1.34 | - | +0.98 | +4.36 | +6.63 |
| Level | Intermediate | Minor | Intermediate | - | Minor | Intermediate | Major |
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 | 130.76 | 132.66 | 133.66 | 135.56 | 136.56 | 138.46 | 139.46 |
| Camarilla | 133.85 | 134.12 | 134.38 | 134.65 | 134.92 | 135.18 | 135.45 |
| Woodie | 130.30 | 132.44 | 133.20 | 135.34 | 136.10 | 138.24 | 139.00 |
| Fibonacci | 132.66 | 133.77 | 134.46 | 135.56 | 136.67 | 137.36 | 138.46 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 128.89 | 131.99 | 135.92 | 139.02 | 142.95 | 146.05 | 149.98 |
| Camarilla | 137.92 | 138.56 | 139.21 | 139.85 | 140.49 | 141.14 | 141.78 |
| Woodie | 129.31 | 132.20 | 136.34 | 139.23 | 143.37 | 146.26 | 150.40 |
| Fibonacci | 131.99 | 134.68 | 136.34 | 139.02 | 141.71 | 143.37 | 146.05 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 96.79 | 105.59 | 121.86 | 130.66 | 146.93 | 155.73 | 172.00 |
| Camarilla | 131.24 | 133.53 | 135.83 | 138.13 | 140.43 | 142.73 | 145.02 |
| Woodie | 100.53 | 107.46 | 125.60 | 132.53 | 150.67 | 157.60 | 175.74 |
| Fibonacci | 105.59 | 115.17 | 121.08 | 130.66 | 140.24 | 146.15 | 155.73 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 55.25 | |
| MACD (12,26,9): | 0.1700 | |
| Directional Movement: | 6.16 | |
| AROON (14): | 21.43 | |
| DEMA (21): | 136.28 | |
| Parabolic SAR (0,02-0,02-0,2): | 135.76 | |
| Elder Ray (13): | 0.14 | |
| Super Trend (3,10): | 135.65 | |
| Zig ZAG (10): | 136.44 | |
| VORTEX (21): | 1.0100 | |
| Stochastique (14,3,5): | 49.26 | |
| TEMA (21): | 136.63 | |
| Williams %R (14): | -47.81 | |
| Chande Momentum Oscillator (20): | 1.59 | |
| Repulse (5,40,3): | 0.2300 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0100 | |
| Courbe Coppock: | 1.80 |
| MA7: | 137.30 | |
| MA20: | 132.91 | |
| MA50: | 133.29 | |
| MA100: | 122.96 | |
| MAexp7: | 136.36 | |
| MAexp20: | 136.10 | |
| MAexp50: | 136.24 | |
| MAexp100: | 136.82 | |
| Price / MA7: | -0.64% | |
| Price / MA20: | +2.64% | |
| Price / MA50: | +2.35% | |
| Price / MA100: | +10.95% | |
| Price / MAexp7: | +0.04% | |
| Price / MAexp20: | +0.24% | |
| Price / MAexp50: | +0.13% | |
| Price / MAexp100: | -0.29% |
Quotes :
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15 min delayed data
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NASDAQ Stocks
News
The latest news and videos published on APPLIED MATERIALS INC. at the time of the analysis were as follows:
- Thinking about trading options or stock in Applied Materials, Trade Desk, Broadcom, Ambarella, or Shopify?
- Should you invest in Carnival Corp, General Electric, Freeport-McMoRan, Uber, or Applied Materials?
- Thinking about trading options or stock in Shopify, Alibaba, Applied Materials, KLA Corp, or American Airlines?
- Should you invest in Applied Materials, Xpeng Inc, Ross Stores, Apple, or American Airlines?
- Thinking about buying stock in Southwestern Energy, Toughbuilt Industries, Boeing, Taiwan Liposome Co, or Applied Materials?
This member declared not having a position on this financial instrument or a related financial instrument.
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