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 AMD
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Green day on Monday for Advanced Micro Devices stock after gaining 2.83%
(Updated on Jul 22, 2024)

Sell candidate since Jul 17, 2024 Loss -2.23% PDF

The Advanced Micro Devices stock price gained 2.83% on the last trading day (Monday, 22nd Jul 2024), rising from $151.58 to $155.87. During the last trading day the stock fluctuated 2.72% from a day low at $152.55 to a day high of $156.69. The price has fallen in 8 of the last 10 days and is down by -12.77% for this period. Volume fell on the last day by -3 million shares and in total, 43 million shares were bought and sold for approximately $6.66 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.

The stock lies in the lower part of a wide and weak rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $151.84 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 9.39% during the next 3 months and, with a 90% probability hold a price between $166.09 and $203.52 at the end of this 3-month period.

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AMD Signals & Forecast

A buy signal was issued from a pivot bottom point on Friday, July 19, 2024, and so far it has risen 2.83%. 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. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Advanced Micro Devices stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. On corrections up, there will be some resistance from the lines at $165.95 and $164.78. A break-up above any of these levels will issue buy signals.

Support, Risk & Stop-loss for Advanced Micro Devices stock

Advanced Micro Devices finds support from accumulated volume at $155.77 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 $4.15 between high and low, or 2.72%. For the last week, the stock has had daily average volatility of 4.47%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (AMD) For The Upcoming Trading Day Of Tuesday 23rd

For the upcoming trading day on Tuesday, 23rd we expect Advanced Micro Devices to open at $155.04, and during the day (based on 14 day Average True Range), to move between $148.46 and $163.28, which gives a possible trading interval of +/-$7.41 (+/-4.76%) up or down from last closing price. If Advanced Micro Devices takes out the full calculated possible swing range there will be an estimated 9.51% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $155.77 (0.06%) than the resistance at $160.43 (2.93%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Earnings coming up

Advanced Micro Devices will release earnings AMC on Tuesday, July 30, 2024.The consensus among the analysts for the expected earnings (EPS) is $0.670. We will update the financials statements for Advanced Micro Devices, that can be found here as soon as the records are public. Our systems has calculated a possible swing of +/- 4.12% in the first trading day after earnings release.

Is Advanced Micro Devices stock A Buy?

The Advanced Micro Devices stock holds several negative signals and despite the positive trend, we believe Advanced Micro Devices will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.

Current score: -2.236 Sell Candidate Unchanged

Predicted Opening Price for Advanced Micro Devices of Tuesday, July 23, 2024

Fair opening price July 23, 2024 Current price
$155.04 ( 0.536%) $155.87

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

Trading levels for AMD

Fibonacci Support & Resistance Levels

Level Price
R3 159.18 2.12%
R2 157.60 1.11%
R1 156.62 0.480%
Price 155.87
S1 153.45 -1.55%
S2 152.47 -2.18%
S3 150.89 -3.19%

Accumulated Volume Support & Resistance Levels

Level Price
R3 183.96 18.02%
R2 161.78 3.79%
R1 160.43 2.93%
Price 155.87
S1 155.77 -0.0642%
S2 154.63 -0.796%
S3 144.27 -7.44%

AMD Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Apr 18, 1995 Apr 28, 1995 May 24, 1995 $0.0050 0.0287%
2 Apr 18, 1995 Apr 27, 1995 May 24, 1995 $0.0050 0.0287%

FAQ

What is the symbol for Advanced Micro Devices Stock and on which exchange is it traded?
The symbol for Advanced Micro Devices is AMD and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Advanced Micro Devices Stock?
The Advanced Micro Devices stock holds several negative signals and despite the positive trend, we believe Advanced Micro Devices will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.

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

What's the current price of Advanced Micro Devices Stock?
As of the end of day on the Jul 22, 2024, the price of an Advanced Micro Devices (AMD) share was $155.87.

What is the 52-week high and low for Advanced Micro Devices Stock?
The 52-week high for Advanced Micro Devices Stock is $227.30 and the 52-week low is $93.12.

What is the market capitalization of Advanced Micro Devices Stock?
As of the Jul 22, 2024, the market capitalization of Advanced Micro Devices is 251.934B.

When is the next earnings date for Advanced Micro Devices?
The upcoming earnings date for Advanced Micro Devices is Jul 30, 2024.
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About Advanced Micro Devices

Advanced Micro Devices Advanced Micro Devices, Inc. operates as a semiconductor company worldwide. The company operates in two segments, Computing and Graphics; and Enterprise, Embedded and Semi-Custom. Its products include x86 microprocessors as an accelerated processing unit, chipsets, discrete and integrated graphics processing units (GPUs), data center and professional GPUs, and development services; and server and embedded processors, and semi-custom System-on-Chi... AMD Profile

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