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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A very red day for Advanced Micro Devices stock price after a -6.08% fall in the Wednesday trading session
(Updated on Jul 24, 2024)

Sell candidate since Jul 17, 2024 Loss -9.28% PDF

The Advanced Micro Devices stock price decreased by -6.08% on the last day (Wednesday, 24th Jul 2024), dropping from $154.00 to $144.63. During the last trading session, the stock experienced a fluctuation of 6.33%, with a day low of $144.53 and a day high of $153.68. The price has declined in 9 of the last 10 days, resulting in a total decrease of -21.38% for this timeframe. Volume increased on the last day by 18 million shares, despite the falling prices. This might serve as an early warning, indicating a slight increase in risk over the next few days. In total, 49 million shares were traded, amounting to approximately $7.05 billion.

Given the current short-term trend, the stock is expected to rise 6.75% during the next 3 months and, with a 90% probability hold a price between $154.39 and $198.43 at the end of this 3-month period.

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AMD Signals & Forecast

There are few to no technical positive signals at the moment. The Advanced Micro Devices stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $156.98 and $163.87. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Wednesday, July 10, 2024, and so far it has fallen -21.38%. 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). Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely.

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

Advanced Micro Devices finds support from accumulated volume at $144.27 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

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 $9.15 between high and low, or 6.33%. For the last week, the stock has had daily average volatility of 4.25%.

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 Thursday 25th

For the upcoming trading day on Thursday, 25th we expect Advanced Micro Devices to open at $147.61, and during the day (based on 14 day Average True Range), to move between $137.35 and $151.91, which gives a possible trading interval of +/-$7.28 (+/-5.03%) up or down from last closing price. If Advanced Micro Devices takes out the full calculated possible swing range there will be an estimated 10.06% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $144.27 (0.25%) than the resistance at $160.25 (10.80%), 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.

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Current score: -3.370 Sell Candidate Unchanged

Predicted Opening Price for Advanced Micro Devices of Thursday, July 25, 2024

Fair opening price July 25, 2024 Current price
$147.61 ( 2.06%) $144.63

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 156.76 8.39%
R2 153.27 5.97%
R1 151.11 4.48%
Price 144.63
S1 144.12 -0.354%
S2 141.96 -1.85%
S3 138.46 -4.26%

Accumulated Volume Support & Resistance Levels

Level Price
R3 161.78 11.86%
R2 160.43 10.92%
R1 160.25 10.80%
Price 144.63
S1 144.27 -0.249%
S2 0 -
S3 0 -

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 24, 2024, the price of an Advanced Micro Devices (AMD) share was $144.63.

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 24, 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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