Explanation to Bollinger's Bands

Bollinger Bands was created by John Bollinger in the early 1980s, its purpose is to define price action relative to the assets highs and lows. This technical indicator is used to identify buy and sell signals and has proven very well in doing so.

Bollinger Bands consist of a set of three curves drawn in relation to securities prices. The middle band is a measure of the intermediate-term trend, usually a simple moving average, that serves as the base for the upper and lower bands. The interval between the upper and lower bands and the middle band is determined by volatility, typically the standard deviation of the same data that were used for the average. StockInvest.us uses Bollingers suggested 20 day average.

Middle Bollinger Band = 20-period simple moving average
Upper Bollinger Band = Middle Bollinger Band + 2 * 20-period standard deviation
Lower Bollinger Band = Middle Bollinger Band - 2 * 20-period standard deviation

BandWidth defines the current width of the band.
%b defines the current position within the band.

BandWidth = (Upper Bollinger Band - Lower Bollinger Band) / Middle Bollinger Band
%b = (Last - Lower Bollinger Band) / (Upper Bollinger Band - Lower Bollinger Band)

Live Samples:

Bollinger Bottleneck Buy Pattern 1
Bollinger Bottleneck Buy Pattern 2
Bollinger Bottleneck Sell Pattern

Bottlenecks in bandwidth indicate an upcoming change. Break up through the moving average line or continuous movements above the moving average line indicate a break up, and vice versa.

Source: http://www.bollingerbands.com

RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of AMAT
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Green day on Wednesday for Applied Materials stock after gaining 0.644%
(Updated on Mar 27, 2024)

Buy or Hold candidate since Jan 18, 2024 Gain 29.72% PDF

The Applied Materials stock price gained 0.644% on the last trading day (Wednesday, 27th Mar 2024), rising from $206.67 to $208.00. During the last trading day the stock fluctuated 2.25% from a day low at $203.90 to a day high of $208.49. The price has risen in 6 of the last 10 days and is up by 3.71% over the past 2 weeks. Volume fell on the last day by -350 thousand shares and in total, 3 million shares were bought and sold for approximately $636.52 million. 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.

The stock lies in the lower part of a strong rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $207.60 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 42.67% during the next 3 months and, with a 90% probability hold a price between $296.19 and $325.69 at the end of this 3-month period.

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AMAT Signals & Forecast

There are mixed signals in the stock today. A sell signal was issued from a pivot top point on Thursday, March 07, 2024, and so far it has fallen -2.17%. 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). The Applied Materials 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 $207.23 and $199.05. A breakdown below any of these levels will issue sell signals. 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.

Support, Risk & Stop-loss for Applied Materials stock

Applied Materials finds support from accumulated volume at $199.57 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved $4.59 (2.25%) between high and low. For the last week, the stock has had daily average volatility of 2.03%.

Our recommended stop-loss: $199.93 (-3.88%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 14 days ago.)

Trading Expectations (AMAT) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect Applied Materials to open at $206.80, and during the day (based on 14 day Average True Range), to move between $202.41 and $213.59, which gives a possible trading interval of +/-$5.59 (+/-2.69%) up or down from last closing price. If Applied Materials takes out the full calculated possible swing range there will be an estimated 5.38% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $209.49 (0.72%) than the support at $199.57 (4.05%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Applied Materials stock A Buy?

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Applied Materials stock to perform well in the short-term.

Current score: 3.490 Buy Candidate Unchanged

Predicted Opening Price for Applied Materials of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$206.80 ( 0.579%) $208.00

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for AMAT

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 211.38 1.63 %
R2 209.63 0.783 %
R1 208.55 0.263 %
Current price: 208.00
Support S1 205.04 -1.42 %
S2 203.96 -1.94 %
S3 202.21 -2.78 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 212.61 2.22 %
R2 210.25 1.08 %
R1 209.49 0.716 %
Current price 208.00
Support S1 199.57 -4.05%
S2 198.65 -4.50%
S3 189.14 -9.07%

AMAT Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Mar 11, 2024 May 22, 2024 Jun 13, 2024 $0.400 0.192%
2 Dec 08, 2023 Feb 21, 2024 Mar 14, 2024 $0.320 0.159%
3 Sep 07, 2023 Nov 22, 2023 Dec 14, 2023 $0.320 0.198%
4 Jun 08, 2023 Aug 23, 2023 Sep 14, 2023 $0.320 0.221%
5 Mar 10, 2023 May 24, 2023 Jun 15, 2023 $0.320 0.228%

FAQ

What is the symbol for Applied Materials Stock and on which exchange is it traded?
The symbol for Applied Materials is AMAT and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Applied Materials Stock?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Applied Materials stock to perform well in the short-term.

How to buy Applied Materials Stock?
Applied Materials Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Applied Materials Stock.

What's the current price of Applied Materials Stock?
As of the end of day on the 2024-03-27, the price of an Applied Materials (AMAT) share was $208.00.

What is the 52-week high and low for Applied Materials Stock?
The 52-week high for Applied Materials Stock is $214.90 and the 52-week low is $109.00.

What is the market capitalization of Applied Materials Stock?
As of the 2024-03-27, the market capitalization of Applied Materials is 172.827B.

When is the next earnings date for Applied Materials?
The upcoming earnings date for Applied Materials is May 16, 2024.
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About Applied Materials

Applied Materials Applied Materials, Inc. provides manufacturing equipment, services, and software to the semiconductor, display, and related industries. It operates through three segments: Semiconductor Systems, Applied Global Services, and Display and Adjacent Markets. The Semiconductor Systems segment develops, manufactures, and sells various manufacturing equipment that is used to fabricate semiconductor chips or integrated circuits. This segment also offers v... AMAT Profile

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