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 10/21/2019 (GMT)

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  • Timeframe : Daily
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Summary of the analysis

Trends
Court terme: Strongly bullish
De fond: Strongly bullish
Technical indicators
72%
0%
28%
My opinion
Bullish above 52.14 USD
My targets
61.61 USD (+17.04%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on APPLIED MATERIALS INC. as long as the price remains well above 52.14 USD. The buyers” bullish objective is set at 61.61 USD. A bullish break in this resistance would boost the bullish momentum. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
FORCE
0
10
8.4

Complete this analysis for another time unit:
15 min. 1H Weekly
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.

Additional analysis

Quotes

APPLIED MATERIALS INC. rating 52.64 USD. On the day, this instrument gained +1.86% with the lowest point at 51.99 USD and the highest point at 52.71 USD. The deviation from the price is +1.25% for the low point and -0.13% for the high point.

51.99
52.71
52.64

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of APPLIED MATERIALS INC. in Daily shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, 13 technical indicators on 18 studied are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

CCI indicator: bearish divergence

Type : Bearish

Timeframe : Daily


MACD indicator: bearish divergence

Type : Bearish

Timeframe : Daily


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Daily


Price is back under the pivot point

Type : Bearish

Timeframe : Daily



The analysis of the price chart with Central Patterns scanners does not return any result.

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


ProTrendLines
S3
S2
S1
R1
Price


S3S2S1PriceR1
ProTrendLines 45.75 49.35 52.14 52.64 61.61
Change (%) -13.09% -6.25% -0.95% - +17.04%
Change -6.89 -3.29 -0.50 - +8.97
Level Major Minor Major - Major



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
Standard49.6450.3451.0151.7152.3853.0853.75
Camarilla51.3051.4351.5551.6851.8151.9352.06
Woodie49.6350.3351.0051.7052.3753.0753.74
Fibonacci50.3450.8651.1951.7152.2352.5653.08


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard48.5249.7850.7351.9952.9454.2055.15
Camarilla51.0751.2851.4851.6851.8852.0952.29
Woodie48.3749.7050.5851.9152.7954.1255.00
Fibonacci49.7850.6251.1551.9952.8353.3654.20


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard41.7144.4447.1749.8952.6355.3558.08
Camarilla48.4048.9049.4049.9050.4050.9051.40
Woodie41.7244.4447.1749.8952.6355.3558.09
Fibonacci44.4446.5247.8149.8951.9853.2755.35

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): 58.88
MACD (12,26,9): 0.6500
Directional Movement: 6.34
AROON (14): 71.42
DEMA (21): 52.08
Parabolic SAR (0,02-0,02-0,2): 50.15
Elder Ray (13): 0.79
Super Trend (3,10): 48.96
Zig ZAG (10): 52.64
VORTEX (21): 0.9600
Stochastique (14,3,5): 75.47
TEMA (21): 52.09
Williams %R (14): -13.65
Chande Momentum Oscillator (20): 3.00
Repulse (5,40,3): -0.0500
ROCnROLL: 1
TRIX (15,9): 0.1500
Courbe Coppock: 5.72
MA7: 52.09
MA20: 51.05
MA50: 49.62
MA100: 47.26
MAexp7: 51.93
MAexp20: 51.23
MAexp50: 49.86
MAexp100: 47.64
Price / MA7: +1.06%
Price / MA20: +3.11%
Price / MA50: +6.09%
Price / MA100: +11.38%
Price / MAexp7: +1.37%
Price / MAexp20: +2.75%
Price / MAexp50: +5.58%
Price / MAexp100: +10.50%

News


Don"t forget to follow the news on APPLIED MATERIALS INC.. At the time of publication of this analysis, the latest news was as follows:

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

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