Advanced Micro Devices stock downgraded from Buy Candidate to Hold/Accumulate after Thursday trading session

The Advanced Micro Devices stock price gained 0.87% on the last trading day (Thursday, 28th Aug 2025), rising from $167.13 to $168.58. It has now gained 3 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the last trading day the stock fluctuated 2.52% from a day low at $166.78 to a day high of $170.99. The price has fallen in 6 of the last 10 days and is down by -6.84% for this period. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 2 million more shares were traded than the day before. In total, 36 million shares were bought and sold for approximately $5.99 billion.

On Aug 12, 2025, it was reported that Citigroup gave AMD a "Buy" grade with a "upgrade" action.

The stock lies in the lower part of a wide and strong rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $166.63 is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift.Given the current short-term trend, the stock is expected to rise 53.85% during the next 3 months and, with a 90% probability hold a price between $256.37 and $302.20 at the end of this 3-month period.

The Advanced Micro Devices stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock, but the stock has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down, there will be some support from the lines at $166.05 and $167.37. A breakdown below any of these levels will issue sell signals. Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Wednesday, August 13, 2025, and so far it has fallen -8.59%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Advanced Micro Devices finds support from accumulated volume at $163.12 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $4.21 between high and low, or 2.52%. For the last week, the stock has had daily average volatility of 2.77%.

Advanced Micro Devices holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Hold candidate.