Advanced Micro Devices stock price ended at $143.68 on Thursday, after gaining 0.195%

StockInvest.us, 1 week ago

Advanced Micro Devices

The Advanced Micro Devices stock price gained 0.195% on the last trading day (Thursday, 26th Jun 2025), rising from $143.40 to $143.68. It has now gained 5 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 2.67% from a day low at $142.19 to a day high of $145.99. The price has risen in 7 of the last 10 days and is up by 18.61% over the past 2 weeks. Volume fell on the last day by -16 million shares and in total, 58 million shares were bought and sold for approximately $8.31 billion. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

On Jun 20, 2025, it was reported that Piper Sandler gave AMD a "Overweight" grade with a "hold" action.

The stock lies in the upper part of a very wide and strong rising trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break-up at the top trend line at $150.12 will firstly indicate a stronger rate of rising.Given the current short-term trend, the stock is expected to rise 40.76% during the next 3 months and, with a 90% probability hold a price between $163.37 and $211.30 at the end of this 3-month period.

Advanced Micro Devices

Mostly positive signals in the chart today. The Advanced Micro Devices stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $133.89 and $118.13. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Tuesday, April 08, 2025, and so far it has risen 83.71%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely.

On the downside, the stock finds support just below today's level from accumulated volume at $127.10 and $126.39.There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, Advanced Micro Devices finds support just below today's level at $127.10. If this is broken, then the next support from accumulated volume will be at $126.39 and $117.72.

This stock may move much during the day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved $3.80 between high and low, or 2.67%. For the last week, the stock has had daily average volatility of 3.93%.

The Advanced Micro Devices stock is overbought on RSI14 and lies in the upper part of the trend. Normally this may pose a good selling opportunity for the short-term trader, but some stock may go long and hard while being overbought and the RSI is still moving upwards. Regardless, the high RSI together with the trend position increases the risk and higher daily movements (volatility) should be expected. A correction down in the nearby future seems very likely, and it is of great importance that the stock manages to break the trend before that occurs.

Advanced Micro Devices holds several positive signals and is within a strong rising trend. As the old saying says, "Let the trend be your friend.'". We therefore consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months.

Check full Advanced Micro Devices forecast and analysis here.