AMD Technical Analysis (NASDAQ:AMD)
Technical analysis is based on the study of past price and volume movements of a security with the help of technical stock charts or trading charts. The AMD stock price data and volume are plotted in AMD stock charts and these trading charts form the basis of technical analysis.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for AMD. Technical analysis uses an approach for AMD stock analysis that does not care for the fair value of a company but uses price and volume data only.
AMD Moving Average
Moving averages show the average price of AMD stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $12.22 is above the price of $11.72.
AMD Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like AMD. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. AMD bollinger bands show that the stock price is $11.72, upper band is 13.62, lower band is 10.83, and the average is 12.22.
AMD Moving Average Convergence Divergence or MACD
Two important concepts with respect to moving average convergence divergence or MACD are: crossovers and divergence. When the MACD rises above the signal line, it typically indicates a bullish trend and most likely the stock prices will go up. The AMD MACD indicator is below 0 indicating a bearish trend.
AMD Relative Strength Index
The relative strength index compares the magnitude of recent gains to recent losses and is a momentum indicator. It attempts to assess overbought and oversold conditions of a stock. If the RSI of AMD stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.