ADVANCED MICRO DEVICES INC. - 15 min. - Technical analysis published on 08/27/2024 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bearish
Technical indicators
17%
56%
28%
My opinion
Bearish under 152.39 USD
My targets
146.51 USD (-2.48%)
143.02 USD (-4.80%)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on ADVANCED MICRO DEVICES INC.. As long as you are under the resistance located at 152.39 USD, traders with an aggressive trading strategy could consider a sale. A cross of the support located at 146.51 USD would be a signal of a reversal in the basic trend and the short-term trend could then quickly become bearish. Sellers would then use the next support located at 143.02 USD as an objective. Crossing it would then enable sellers to target 137.14 USD. If the resistance 152.39 USD were to be broken, this would simply be a sign of possible further short-term consolidation and trading against this trend would then perhaps be more risky.
In the very short term, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.
Force
0
10
5.2
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Additional analysis
Quotes
The ADVANCED MICRO DEVICES INC. rating is 150.24 USD. On the day, this instrument gained +0.17% with the lowest point at 148.44 USD and the highest point at 151.70 USD. The deviation from the price is +1.21% for the low point and -0.96% for the high point.148.44
151.70
150.24
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by ADVANCED MICRO DEVICES INC.:
Technical
A technical analysis in 15 min. of this ADVANCED MICRO DEVICES INC. chart shows a bearish trend. The signals given by moving averages are 78.57% bearish. This bearish trend could slow down given the neutral signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, according to the parameters integrated into the Central Analyzer system, 10 technical indicators out of 18 analysed are currently bearish. Central Indicators, the scanner specialised in technical indicators, has identified this signal:
MACD crosses UP its Moving Average
Type : Bullish
Timeframe : 15 minutes
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:
Near resistance of channel
Type : Bearish
Timeframe : 15 minutes
Near horizontal support
Type : Bullish
Timeframe : 15 minutes
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 136.58 | 144.27 | 148.91 | 150.24 | 153.62 | 156.91 | 161.91 |
| Change (%) | -9.09% | -3.97% | -0.89% | - | +2.25% | +4.44% | +7.77% |
| Change | -13.66 | -5.97 | -1.33 | - | +3.38 | +6.67 | +11.67 |
| Level | Intermediate | Major | Intermediate | - | Intermediate | Minor | Major |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 137.14 | 143.02 | 146.51 | 152.39 | 155.88 | 161.76 | 165.25 |
| Camarilla | 147.41 | 148.27 | 149.13 | 149.99 | 150.85 | 151.71 | 152.57 |
| Woodie | 135.94 | 142.42 | 145.31 | 151.79 | 154.68 | 161.16 | 164.05 |
| Fibonacci | 143.02 | 146.60 | 148.81 | 152.39 | 155.97 | 158.18 | 161.76 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 133.46 | 140.59 | 147.78 | 154.91 | 162.10 | 169.23 | 176.42 |
| Camarilla | 151.03 | 152.35 | 153.66 | 154.97 | 156.28 | 157.60 | 158.91 |
| Woodie | 133.49 | 140.61 | 147.81 | 154.93 | 162.13 | 169.25 | 176.45 |
| Fibonacci | 140.59 | 146.06 | 149.44 | 154.91 | 160.38 | 163.76 | 169.23 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 70.03 | 102.04 | 123.26 | 155.27 | 176.49 | 208.50 | 229.72 |
| Camarilla | 129.84 | 134.72 | 139.60 | 144.48 | 149.36 | 154.24 | 159.12 |
| Woodie | 64.64 | 99.34 | 117.87 | 152.57 | 171.10 | 205.80 | 224.33 |
| Fibonacci | 102.04 | 122.37 | 134.94 | 155.27 | 175.60 | 188.17 | 208.50 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 43.46 | |
| MACD (12,26,9): | -0.4000 | |
| Directional Movement: | -10.17 | |
| AROON (14): | -35.71 | |
| DEMA (21): | 149.39 | |
| Parabolic SAR (0,02-0,02-0,2): | 151.27 | |
| Elder Ray (13): | -0.25 | |
| Super Trend (3,10): | 151.94 | |
| Zig ZAG (10): | 149.75 | |
| VORTEX (21): | 0.9700 | |
| Stochastique (14,3,5): | 35.62 | |
| TEMA (21): | 149.49 | |
| Williams %R (14): | -58.28 | |
| Chande Momentum Oscillator (20): | -1.08 | |
| Repulse (5,40,3): | 0.1100 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0400 | |
| Courbe Coppock: | 1.03 |
| MA7: | 153.78 | |
| MA20: | 143.23 | |
| MA50: | 153.93 | |
| MA100: | 156.87 | |
| MAexp7: | 149.67 | |
| MAexp20: | 149.93 | |
| MAexp50: | 150.87 | |
| MAexp100: | 151.77 | |
| Price / MA7: | -2.30% | |
| Price / MA20: | +4.89% | |
| Price / MA50: | -2.40% | |
| Price / MA100: | -4.23% | |
| Price / MAexp7: | +0.38% | |
| Price / MAexp20: | +0.21% | |
| Price / MAexp50: | -0.42% | |
| Price / MAexp100: | -1.01% |
Quotes :
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15 min delayed data
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NASDAQ Stocks
News
The last news published on ADVANCED MICRO DEVICES INC. at the time of the generation of this analysis was as follows:
- AMD 2023-24 Corporate Responsibility Report: Advancing Sustainability, Collaboration and Inclusion
- AMD to Present at the Deutsche Bank Technology Conference
- AMD to Significantly Expand Data Center AI Systems Capabilities with Acquisition of Hyperscale Solutions Provider ZT Systems
- AMD Completes Acquisition of Silo AI to Accelerate Development and Deployment of AI Models on AMD Hardware
- AMD Reports Second Quarter 2024 Financial Results
This member declared not having a position on this financial instrument or a related financial instrument.
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