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AMAT Stock Forecast & Applied Materials Chart Analysis

This article provides a detailed analysis of AMAT-Applied Materials stock including a forecast for AMAT shares. It features Applied Materials, Inc. technical analysis, support and resistance levels, financial report evaluations, buy and sell signals based on simple moving averages and MACD, and artificial intelligence-assisted target price predictions

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AMAT Historical Data Review

AMAT Current Price Performance Analysis

The Applied Materials - AMAT stock traded on the American stock market, on 06-05-2024, closed at 223.37$ with a %5.25 increased compared to the previous day.

In the last month, the price of AMAT changed by %6.95 increased in value, from 208.86 dollars on 05-06-2024 to 223.37 dollars, increased.

Last year, the price of AMAT was 133.94 dollars on 06-06-2023, and changed by %66.77 increased in value, to 223.37 dollars increased within a year.

The price of Applied Materials stock is riding high above the 50-day and 100-day moving averages. This means it's on a positive run for now, great news for those who got in early. But let's not take our eyes off the ball; no stock climbs forever.

AMAT with AI Stock Forecast & Price Target

AMAT stock forecast Applied Materials price target

On the AMAT chart Applied Materials price was recorded as 223.37 Dollars on 06/05/2024.

The artificial intelligence's forecast on AMAT stock is as follows.

The artificial intelligence's prediction error margin for AMAT stock is moderately high.

There are two types of risk factors in the artificial intelligence's targets: timing and target prices.

For example, the target price for one month later may be realized three months later. But there is no guarantee of this.

The average predicted price for Applied Materials stock over the next 4 months is: 227.8 Dollars.

The commentary on AMAT stock Target Price: Highest: 248.526 Dollars is predicted.

The commentary on AMAT stock Target Price: Lowest: 209.798 Dollars is predicted.

Resistance Price where Applied Materials stock will Rise and Fall:

Date Price Prediction
07-15-2024 211.852
08-09-2024 211.934
12-02-2024 248.526
01-31-2025 243.938

Support Price where Applied Materials stock will Fall and Rise:

Date Price Prediction
07-10-2024 211.831
07-25-2024 211.624
09-03-2024 209.798
01-06-2025 238.228
03-12-2025 226.072

The commentary on AMAT stock: Fluctuations in the target price can be expected in the coming days.

The target price for Applied Materials stock by the end of 2024 is predicted to be 239.575 Dollars.

The price prediction graph prepared with the help of artificial intelligence, the commentary on AMAT stock, and the 2024 target price predictions for Applied Materials are detailed above.

The technical analysis and charts for the commentary on AMAT stock are below.

AMAT Support & Resistance and Trend Analysis

AMAT review Applied Materials technical analysis trend chart AMAT priceAMAT stock support and resistance price chart

AMAT stock you have reviewed the technical analysis support resistance charts regarding.

AMAT : Targeting Support and Resistance Price Levels

According to the algorithmic analysis results related to the AMAT review, the Applied Materials support and resistance prices are as follows.

Support and resistance levels on the chart are not absolute. They may vary depending on market conditions and macroeconomic indicators.

Applied Materials Support and Resistance Prices:

AMAT Support Level Price AMAT Resistance Level Price
144.57 153.79
148.05 155.66
160.96 157.76
185.89 164.21
186.86 165.01
197.00 178.40
201.67 213.33
208.93 214.26
214.46
225.07

AMAT Technical Analysis: SMA, RSI, MACD

AMAT review Applied Materials SMA chart analysis AMAT priceAMAT buy or sell review Applied Materials MACD chart analysis AMAT price

Upon reviewing the AMAT chart, buy and sell signals have been generated in the Applied Materials technical analysis with technical indicators. There are over 100 technical indicators in the market. Each technical indicator can produce different signals.

However, please remember that technical analysis is only a tool and exact results cannot be guaranteed.

On The technical analysis chart and stock comments for AMAT stock are as follows:
  1. The technical analysis for Applied Materials indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Sell' signal.

Basic Technical Analysis Tips for Financial Markets

  • Moving averages may not yield reliable results in stagnant, sideways markets.
  • According to MACD technical analysis, the most optimal buying opportunity is a 'Buy' signal given when the MACD is below the 0 level.
  • An RSI crossing below 70 is used as a sell signal, and a crossing above 30 is used as a buy signal.
  • During a strong upward trend, the RSI can rise above 70 and stay there.
  • No indicator is perfect. Having indicators corroborate each other can increase the chances of success.
  • Instead of fully relying on these indicators for your investment decisions, it is recommended to conduct a comprehensive analysis and consult a professional financial advisor.

You have read the comments, technical analyses, target prices, and financial reports for Applied Materials stock: Click here to read more predictions on Uber Technologies stock.

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