APPLIED MATERIALS INC.
APPLIED MATERIALS INC.
- USD (-)
- 15 min delayed data - NASDAQ Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: AMAT
ISIN:

APPLIED MATERIALS INC. - Daily - Technical analysis published on 03/10/2022 (GMT)

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  • Timeframe : Daily
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Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Strongly bearish
Technical indicators
17%
67%
17%
My opinion
Bearish under 133.92 USD
My targets
111.71 USD (-9.84%)
100.75 USD (-18.69%)
My analysis
The bearish trend is currently very strong for APPLIED MATERIALS INC.. As long as the price remains below the resistance at 133.92 USD, you could try to take advantage of the bearish rally. The first bearish objective is located at 111.71 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 100.75 USD as an objective. Crossing it would then enable sellers to target 89.75 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.

Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.
Force
0
10
7.7

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 Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

Additional analysis

Quotes

The APPLIED MATERIALS INC. rating is 123.91 USD. The price is lower by -3.66% since the last closing and was traded between 122.68 USD and 126.00 USD over the period. The price is currently at +1.00% from its lowest and -1.66% from its highest.

122.68
126.00
123.91

A bearish gap was detected at the opening by the Central Gaps scanner. There are a lot of sellers and they have the upper hand in the very short term.

Central Gaps

Opening Gap DOWN

Type : Bearish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The study of the highest / lowest by the Central Records scanner shows the following results:

Central Records

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly


Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of APPLIED MATERIALS INC. in Daily shows a overall strongly bearish trend. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

The probability of a further decline is moderate given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Central Indicators

Pivot points : price is under support 3

Type : Neutral

Timeframe : Daily



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:

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : Daily


Near support of channel

Type : Bullish

Timeframe : Daily



For a small setback in the very short term, the Central Candlesticks scanner currently notes the presence of this bearish pattern in Japanese candlesticks:

Central Candlesticks

Black evening star

Type : Bearish

Timeframe : Daily




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 37.99 61.61 89.75 123.91 125.20 143.05 158.74
Change (%) -69.34% -50.28% -27.57% - +1.04% +15.45% +28.11%
Change -85.92 -62.30 -34.16 - +1.29 +19.14 +34.83
Level Intermediate Major Minor - Major Major Minor



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
Standard122.96124.58126.60128.22130.24131.86133.88
Camarilla127.62127.95128.29128.62128.95129.29129.62
Woodie123.16124.68126.80128.32130.44131.96134.08
Fibonacci124.58125.97126.83128.22129.61130.47131.86


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard107.95116.03120.89128.97133.83141.91146.77
Camarilla122.18123.37124.55125.74126.93128.11129.30
Woodie106.33115.23119.27128.17132.21141.11145.15
Fibonacci116.03120.98124.03128.97133.92136.97141.91


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard100.75111.71122.96133.92145.17156.13167.38
Camarilla128.09130.13132.16134.20136.24138.27140.31
Woodie100.89111.78123.10133.99145.31156.20167.52
Fibonacci111.71120.20125.44133.92142.41147.65156.13

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): 41.44
MACD (12,26,9): -4.1000
Directional Movement: -18.26
AROON (14): -85.71
DEMA (21): 125.40
Parabolic SAR (0,02-0,02-0,2): 130.06
Elder Ray (13): -4.24
Super Trend (3,10): 143.64
Zig ZAG (10): 123.44
VORTEX (21): 0.8700
Stochastique (14,3,5): 30.85
TEMA (21): 124.34
Williams %R (14): -72.53
Chande Momentum Oscillator (20): -6.90
Repulse (5,40,3): -3.5500
ROCnROLL: 2
TRIX (15,9): -0.3800
Courbe Coppock: 13.33
MA7: 126.45
MA20: 131.46
MA50: 140.22
MA100: 143.77
MAexp7: 126.42
MAexp20: 130.77
MAexp50: 136.85
MAexp100: 139.45
Price / MA7: -2.01%
Price / MA20: -5.74%
Price / MA50: -11.63%
Price / MA100: -13.81%
Price / MAexp7: -1.99%
Price / MAexp20: -5.25%
Price / MAexp50: -9.46%
Price / MAexp100: -11.14%

Quotes : - 15 min delayed data - NASDAQ Stocks

This member declared not having a position on this financial instrument or a related financial instrument.

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