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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Red day on Thursday for Applied Materials stock after losing 0.85%
(Updated on Mar 28, 2024)

Buy or Hold candidate since Jan 18, 2024 Gain 28.62% PDF

The Applied Materials stock price fell by -0.85% on the last day (Thursday, 28th Mar 2024) from $208.00 to $206.23. During the last trading day the stock fluctuated 2.44% from a day low at $202.71 to a day high of $207.65. The price has been going up and down for this period, and there has been a 2.73% gain for the last 2 weeks. Volume has increased on the last day by 3 million shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 6 million shares were bought and sold for approximately $1.17 billion.

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 $294.23 and $327.41 at the end of this 3-month period.

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AMAT Signals & Forecast

A sell signal was issued from a pivot top point on Thursday, March 07, 2024, and so far it has fallen -3.00%. 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. Some positive signals were issued as well, and these may have some influence on the near short-term development. The Applied Materials stock holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock. On further gains, the stock will meet resistance from the short-term Moving Average at approximately $207.92. On a fall, the stock will find some support from the long-term average at approximately $200.06. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal.

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 $4.94 (2.44%) between high and low. For the last week, the stock has had daily average volatility of 2.08%.

Our recommended stop-loss: $199.47 (-3.28%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 15 days ago.)

Trading Expectations (AMAT) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect Applied Materials to open at $205.53, and during the day (based on 14 day Average True Range), to move between $200.65 and $211.81, which gives a possible trading interval of +/-$5.58 (+/-2.70%) up or down from last closing price. If Applied Materials takes out the full calculated possible swing range there will be an estimated 5.41% 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 (1.58%) than the support at $199.57 (3.23%), 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 of the signals/indicators are negative, and we believe that this will affect on the development for the next days and maybe possible weeks. However, over time, we think that today's level holds a possible buying opportunity and that the price will be higher during or at the end of this 3-month period.

Current score: 1.125 Buy Candidate Unchanged

Predicted Opening Price for Applied Materials of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$205.53 ( 0.339%) $206.23

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 210.47 2.06 %
R2 208.58 1.14 %
R1 207.42 0.576 %
Current price: 206.23
Support S1 203.64 -1.25 %
S2 202.48 -1.82 %
S3 200.59 -2.73 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 212.61 3.09 %
R2 210.25 1.95 %
R1 209.49 1.58 %
Current price 206.23
Support S1 199.57 -3.23%
S2 198.65 -3.68%
S3 189.14 -8.29%

AMAT Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Mar 11, 2024 May 22, 2024 Jun 13, 2024 $0.400 0.194%
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 of the signals/indicators are negative, and we believe that this will affect on the development for the next days and maybe possible weeks. However, over time, we think that today's level holds a possible buying opportunity and that the price will be higher during or at the end of this 3-month period.

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 2024-03-28, the price of an Applied Materials (AMAT) share was $206.23.

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 2024-03-28, the market capitalization of Applied Materials is 171.356B.

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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