APPLIED MATERIALS INC. - 1H - Technical analysis published on 10/28/2021 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Strongly bullish
Technical indicators
78%
0%
22%
My opinion
Bullish above 132.34 USD
My targets
137.20 USD (+1.18%)
141.28 USD (+4.19%)
My analysis
The basic bullish trend is very strong on APPLIED MATERIALS INC. but the short term shows some signs of running out of steam. However, a purchase could be considered as long as the price remains above 132.34 USD. Crossing the first resistance at 137.20 USD would be a sign of a potential new surge in the price. Buyers would then use the next resistance located at 141.28 USD as an objective. Crossing it would then enable buyers to target 143.05 USD. Caution, a return to below 132.34 USD would be a sign of a consolidation phase in the short-term basic trend. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
7.5
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Additional analysis
Quotes
The APPLIED MATERIALS INC. rating is 135.60 USD. On the day, this instrument gained +2.60% and was traded between 134.52 USD and 137.85 USD over the period. The price is currently at +0.80% from its lowest and -1.63% from its highest.134.52
137.85
135.60
The Central Gaps scanner detects the formation of a bullish gap marking the strong presence of buyers against sellers at the opening. This formed a quotation gap.
Opening Gap UP
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of APPLIED MATERIALS INC. in 1H shows a strongly overall bullish trend. 85.71% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages indicate this trend is showing signs of running out of steam. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, 14 technical indicators on 18 studied are currently positioned bullish. Other results related to technical indicators were also found by the Central Indicators scanner:
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : 1 hour
MACD indicator is back over 0
Type : Bullish
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Horizontal resistance is broken
Type : Bullish
Timeframe : 1 hour
Support of triangle is broken
Type : Bearish
Timeframe : 1 hour
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 129.91 | 132.34 | 135.31 | 135.60 | 137.20 | 141.28 | 143.05 |
| Change (%) | -4.20% | -2.40% | -0.21% | - | +1.18% | +4.19% | +5.49% |
| Change | -5.69 | -3.26 | -0.29 | - | +1.60 | +5.68 | +7.45 |
| Level | Major | Minor | Minor | - | Minor | Intermediate | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 128.08 | 129.75 | 130.95 | 132.62 | 133.82 | 135.49 | 136.69 |
| Camarilla | 131.37 | 131.63 | 131.90 | 132.16 | 132.42 | 132.69 | 132.95 |
| Woodie | 127.86 | 129.63 | 130.73 | 132.50 | 133.60 | 135.37 | 136.47 |
| Fibonacci | 129.75 | 130.84 | 131.52 | 132.62 | 133.71 | 134.39 | 135.49 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 118.65 | 124.24 | 130.09 | 135.68 | 141.53 | 147.12 | 152.97 |
| Camarilla | 132.78 | 133.83 | 134.88 | 135.93 | 136.98 | 138.03 | 139.08 |
| Woodie | 118.77 | 124.31 | 130.21 | 135.75 | 141.65 | 147.19 | 153.09 |
| Fibonacci | 124.24 | 128.61 | 131.31 | 135.68 | 140.05 | 142.75 | 147.12 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 106.38 | 117.21 | 122.97 | 133.80 | 139.56 | 150.39 | 156.15 |
| Camarilla | 124.17 | 125.69 | 127.21 | 128.73 | 130.25 | 131.77 | 133.29 |
| Woodie | 103.85 | 115.94 | 120.44 | 132.53 | 137.03 | 149.12 | 153.62 |
| Fibonacci | 117.21 | 123.55 | 127.46 | 133.80 | 140.14 | 144.05 | 150.39 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 56.63 | |
| MACD (12,26,9): | 0.1700 | |
| Directional Movement: | 10.47 | |
| AROON (14): | 42.86 | |
| DEMA (21): | 134.36 | |
| Parabolic SAR (0,02-0,02-0,2): | 131.79 | |
| Elder Ray (13): | 1.29 | |
| Super Trend (3,10): | 136.54 | |
| Zig ZAG (10): | 135.73 | |
| VORTEX (21): | 0.8900 | |
| Stochastique (14,3,5): | 64.23 | |
| TEMA (21): | 134.45 | |
| Williams %R (14): | -32.53 | |
| Chande Momentum Oscillator (20): | 2.72 | |
| Repulse (5,40,3): | -0.4100 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0300 | |
| Courbe Coppock: | 1.32 |
| MA7: | 134.14 | |
| MA20: | 130.79 | |
| MA50: | 133.68 | |
| MA100: | 134.99 | |
| MAexp7: | 134.84 | |
| MAexp20: | 134.29 | |
| MAexp50: | 133.89 | |
| MAexp100: | 133.09 | |
| Price / MA7: | +1.09% | |
| Price / MA20: | +3.68% | |
| Price / MA50: | +1.44% | |
| Price / MA100: | +0.45% | |
| Price / MAexp7: | +0.56% | |
| Price / MAexp20: | +0.98% | |
| Price / MAexp50: | +1.28% | |
| Price / MAexp100: | +1.89% |
Quotes :
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15 min delayed data
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NASDAQ Stocks
News
The last news published on APPLIED MATERIALS INC. at the time of the generation of this analysis was as follows:
- Thinking about trading options or stock in Applied Materials, Trade Desk, Broadcom, Ambarella, or Shopify?
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- Thinking about trading options or stock in Shopify, Alibaba, Applied Materials, KLA Corp, or American Airlines?
- Should you invest in Applied Materials, Xpeng Inc, Ross Stores, Apple, or American Airlines?
- Thinking about buying stock in Southwestern Energy, Toughbuilt Industries, Boeing, Taiwan Liposome Co, or Applied Materials?
This member declared not having a position on this financial instrument or a related financial instrument.
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