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Takip Edin: @UscMarketsAMD Stock Forecast & Advanced Micro Devices Chart Analysis
This article provides a detailed analysis of AMD-Advanced Micro Devices stock including a forecast for AMD shares. It features Advanced Micro Devices, 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
Stocks can be purchased through banks, brokerage firms, investment funds, and individual retirement systems.
AMD Historical Data Review
AMD Current Price Performance Analysis
The Advanced Micro Devices - AMD stock traded on the American stock market, on 06-05-2024, closed at 166.17$ with a %3.86 increased compared to the previous day.
In the last month, the price of AMD changed by %6.67 increased in value, from 155.78 dollars on 05-06-2024 to 166.17 dollars, increased.
Last year, the price of AMD was 124.23 dollars on 06-06-2023, and changed by %33.76 increased in value, to 166.17 dollars increased within a year.
The price of Advanced Micro Devices 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.
AMD with AI Stock Forecast & Price Target
On the AMD chart Advanced Micro Devices price was recorded as 166.17 Dollars on 06/05/2024.
The artificial intelligence's forecast on AMD stock is as follows.
The artificial intelligence's prediction error margin for AMD stock is 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 Advanced Micro Devices stock over the next 4 months is: 197.7 Dollars.
The commentary on AMD stock Target Price: Highest: 221.027 Dollars is predicted.
The commentary on AMD stock Target Price: Lowest: 167.113 Dollars is predicted.
Resistance Price where Advanced Micro Devices stock will Rise and Fall:
| Date | Price Prediction |
|---|---|
| 07-10-2024 | 183.898 |
| 11-12-2024 | 221.027 |
Support Price where Advanced Micro Devices stock will Fall and Rise:
| Date | Price Prediction |
|---|---|
| 08-09-2024 | 175.344 |
The commentary on AMD stock: Fluctuations in the target price can be expected in the coming days.
The target price for Advanced Micro Devices stock by the end of 2024 is predicted to be 209.715 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on AMD stock, and the 2024 target price predictions for Advanced Micro Devices are detailed above.
The technical analysis and charts for the commentary on AMD stock are below.
AMD Support & Resistance and Trend Analysis
AMD stock you have reviewed the technical analysis support resistance charts regarding.
AMD : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the AMD review, the Advanced Micro Devices 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.
Advanced Micro Devices Support and Resistance Prices:
| AMD Support Level Price | AMD Resistance Level Price |
|---|---|
| 116.37 | 131.00 |
| 133.74 | 135.04 |
| 141.16 | 151.05 |
| 161.81 | 162.29 |
| 162.56 | 168.06 |
| 165.58 | 174.55 |
| 183.83 | |
| 184.92 | |
| 187.24 | |
| 211.01 | |
| 227.30 |
AMD Technical Analysis: SMA, RSI, MACD
Upon reviewing the AMD chart, buy and sell signals have been generated in the Advanced Micro Devices 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 AMD stock are as follows:- The technical analysis for AMD indicates that the 14-period RSI has most recently generated a 'Sell' signal.
- The technical analysis for Advanced Micro Devices 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.
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