AMD broke above its 1D MA50. Is the trend finally changing?Advanced Micro Devices (AMD) broke today above its 1D MA50 (blue trend-line) for the first time in almost 5 months (since October 29 2024)! From that day after it has also been below a Lower Highs trend-line, basically the Bearish Leg of the 1-year Channel Down, which it marginally broke last week but today it smashed it.
A short-term pull-back based on the 1D RSI symmetry (with the August 20 2024 and May 28 2024 Highs) is possible but on the long-term we expect a full recovery on this Bullish Leg of at least +43.13% (like the August - September Leg).
As a result, we expect a 1D MA200 (orange trend-line) test at $135.00.
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Advancedmicrodevices
Amd - The One And Only Setup For 2025!Amd ( NASDAQ:AMD ) shifts to a very bullish market:
Click chart above to see the detailed analysis👆🏻
Perfectly following previous cycles, Amd corrected about -60% over the past couple of months. However now we are seeing some first bullish signs at a major confluence of support. If we actually also witness bullish confirmation, an incredible rally of about +200% could follow.
Levels to watch: $100, $300
Keep your long term vision,
Philip (BasicTrading)
AMD 1st breakout made. Now waiting for the 1day MA50.AMD is trading inside a Channel Down since November 1st 2024 and under a second layer of lower highs since December 4th 2024.
Along with the 1day RSI that just crossed above its own Resistance level, the price crossed above that second layer of lower highs.
This is the first sign of an upcoming bullish breakout but the last Resistance to confirm that is the 1day MA50.
If that breaks, go long and target 144.00.
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AMD - Advanced Money Destroyer...Not For Long!NASDAQ:AMD
Has been decimated but the DIP BUY BOX holds strong! $85-$100 could lead to an easy 2x!
- Key S/R Zone
- Massive Volume Shelf
- Bearish WCB Breakout will give Bullish Cue
- Lowest RSI since 2022 BOTTOM
A turnaround here could lead to outsized performance in portfolios.
Not financial advice
Amd - Please Look At The Structure!Amd ( NASDAQ:AMD ) is about to retest massive support:
Click chart above to see the detailed analysis👆🏻
For about 5 years Amd has been trading in a decent rising channel formation. That's exactly the reason for why we saw the harsh drop starting in the beginning of 2024. But as we are speaking, Amd is about to retest a massive confluence of support which could lead to a beautiful reversal.
Levels to watch: $100
Keep your long term vision,
Philip (BasicTrading)
AMD: Bottomed and can rally by as much as +140%.AMD is bearish on its 1D technical outlook (RSI = 40.266, MACD = -4.630, ADX = 52.178) but technically appears to be forming a new multi-month bottom after exactly 1 year of downside. The 1D RSI hit the S1 level, which priced the October 10th 2022 bottom. The outcome of that bottom was a +142.42% rally, same as the October 23rd 2023 Low, whose +142.42% rally formed the March 2024 ATH. This time this week's low has come very close to the S1 level, which is the strongest support level on the long term. A new potential +142.42% rally from the current levels would make a marginal ATH (TP = 230) and that's our current target for the end of the year.
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AMD Bottom pricing inside 3 weeks. MASSIVE BUY.Advanced Micro Devices (AMD) have been on a downtrend for exactly 1 year, every since the March 04 2024 Top. That was a technical Higher High on the 5-year Channel Up.
With the price trading below even its 1W MA200 (orange trend-line), there is a massive underlying buy opportunity on the stock for the long-term. That's because this 1-year downtrend is the technical Bearish Leg of this Channel Up, whose previous one bottomed 2 weeks after breaking below the 0.618 Fibonacci retracement level, contained at the same time above the 0.786 Fib.
As you can see, the price is just above the current 0.618 Fib and the 0.786 Fib is just below the Channel Up, where the ultimate macro Support of the 1M MA100 (red trend-line) is headed.
With the 1W RSI almost oversold and on the exact level where the previous Channel Up bottom (October 10 2022) was formed, the stock is technically entering its long-term buy opportunity zone.
Based on this pattern, the R/R is already on excellent levels for a buy and we expect the bottom to be formed within the next 3 weeks. If the new Bullish Leg imitates the previous one and rises by +315%, we can expect AMD to have its next Top at $320.
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AMD: Hit rock bottom. Huge upside potential from here.Advanced Micro Devices Inc turned neutral on the 1D technical outlook (RSI = 47.032, MACD = -2.460, ADX = 22.524) signaling a potential reversal of the long term bearish trend. This month the price hit the 1M MA50 and if it managed to close the 1M candle over it, we expect to have a market bottom formed much like October 2022 and April 2018. A rally of at least +275% started following both of those bottoms. We believe the risk of buying here is low and the reward high and thus turn bullish (TP = 390.00).
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Applied Materials Stock Tumbles 5% in Premarket TradingApplied Materials Inc (NASDAQ:AMAT) experienced a significant 5% drop in premarket trading on Friday, despite reporting first-quarter earnings that surpassed analyst expectations. The decline was primarily driven by the company's flattish second-quarter guidance, which fell short of market expectations.
Earnings and Revenue Performance
Applied Materials reported adjusted earnings per share (EPS) of $2.38 for the first quarter, beating the consensus estimate of $2.28. Revenue came in at $7.17 billion, slightly above the expected $7.15 billion and marking a 7% year-over-year increase. Despite these strong results, the company's guidance for the second quarter disappointed investors. AMAT forecasted revenue of $7.1 billion, plus or minus $400 million, below the $7.198 billion analysts anticipated. The projected adjusted EPS of $2.30, plus or minus $0.18, was also in line with the $2.29 consensus estimate but failed to excite the market.
Segment Performance and Market Trends
The company's Semiconductor Systems segment, which accounts for about 75% of total revenue, saw a 9% year-over-year increase to $5.36 billion. However, AMAT expects softness in its ICAPS segment, particularly in China, with a low-to-mid teens quarter-over-quarter decline.
Analyst Sentiment
Despite the disappointing guidance, analysts remain bullish on AMAT. Stifel analysts noted that the ICAPS/China decline is expected to moderate, and strength in leading-edge segments could support mid-to-upper single-digit year-over-year growth. They believe AMAT should not trade at a 3-5 turn forward discount to peers and recommend buying the shares. Mizuho analysts also shared a positive outlook, highlighting AMAT as the #1 global SemiCap Equipment supplier and a key technology enabler with strong AI spend tailwinds.
Technical Analysis
As of the time of writing, AMAT stock is down 5.2% in premarket trading. This significant drop has brought the stock to a critical technical juncture.
Fibonacci Levels
The 78.6% Fibonacci level is identified as a key support zone. In the case of an extreme pullback, this level could serve as a bounce zone for further gains. Conversely, the 38.2% Fibonacci level is acting as a resistance point. A break above this level could spark a bullish reversal, potentially leading to a recovery in the stock price.
Conclusion
Applied Materials' strong first-quarter performance was overshadowed by its cautious second-quarter guidance, leading to a significant premarket drop. However, the company's robust fundamentals and positive analyst sentiment suggest that the current weakness may be a buying opportunity. From a technical perspective, key Fibonacci levels provide critical support and resistance points that could dictate the stock's short-term trajectory.
Fundamental Weakness Meets Technical Strength, AMD at a Turning?Hello readers,
Advanced Micro Devices (AMD) posted strong Q4 earnings, with a 24% year-over-year revenue increase to $7.66 billion, slightly surpassing estimates. Adjusted EPS came in at $1.09, just above expectations.
However, the data center segment underperformed, bringing in $3.86 billion a 69% YoY increase but below the $4.1 billion analysts had anticipated. Additionally, CEO Lisa Su cautioned that data center sales may decline by 7% in the next quarter. This guidance, combined with the revenue miss, led to an 8.2% pre-market drop in AMD’s stock price.
Technical Perspective
The price has finally arrived at the first key area of interest. This level has been anticipated for some time, and the fundamental reaction has now drawn the price close to the marked zone.
For those considering this as a potential investment, I can provide a small but valuable confirmation: from a technical standpoint, this is not a mistake to take, as this area holds the potential to generate strong liquidity for further growth.
Key criteria:
1. Strong horizontal price zone around the $100
2. The round number itself $100
3. The trendline since 2018
4. Channel projection
5. Equal waves from the top
For a more in-depth technical analysis, visit my Substack channel - content is now available for English readers. Simply go to my profile and click on "Website."
Regards,
Vaido
Disclaimer: This is not financial advice. Always conduct your own research and consider risk management before making any investment decisions.
AMD Advanced Micro Devices Options Ahead of EarningsIf you haven`t bought AMD before the previous earnings:
Now analyzing the options chain and the chart patterns of AMD Advanced Micro Devices prior to the earnings report this week,
I would consider purchasing the 113usd strike price Calls with
an expiration date of 2025-2-21,
for a premium of approximately $7.20.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
AMD Channel Down bottomed on RSI Bullish Divergence.Advanced Micro Devices (AMD) have been trading within a Channel Down pattern since the March 08 2024 All Time High (ATH). The pattern is currently on its 3rd Bullish Leg and is below its 1D MA50 (blue trend-line) for exactly the past 3 months.
This Bearish Leg has however most likely come to an end as the 1D RSI is on Higher Lows against the price's Lower Lows, showcasing a Bullish Divergence similar to May 01 2024. As a result, we can expect the new Bullish Leg to start, with the previous minimum being +32.85%. Target $148.00.
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Amd - It Comes Down To This Support!Amd ( NASDAQ:AMD ) is retesting massive support:
Click chart above to see the detailed analysis👆🏻
For more than three years, we have been seeing a quite volatile consolidation phase on Amd. Looking at recent price history though, Amd just came back to retest a massive horizontal support level and if we see bulls taking over, a rally of +100% is very possible.
Levels to watch: $120, $240
Keep your long term vision,
Philip (BasicTrading)
AMD: Wave (3) of [3]As anticipated, AMD has realized strong sell-offs, breaking below the support at $121.82. We primarily expect the magenta wave (3) to conclude further south, followed by a corrective rise in the subsequent wave (4). Below $121.82, however, the stock should resume the magenta downward impulse and, thus, start wave (5).
AMD Bullish break-out above the 3-month Resistance.Advanced Micro Devices (AMD) opened (and closed) yesterday above the 3-month Channel Down pattern that started after the October 09 2024 High and that is technically a strong bullish break-out signal.
The previous break-out in August 2024, eventually reached the 0.786 Fibonacci extension, which was the October 09 2024 High, before declining again.
Even though we are long-term bullish on AMD, as it even kept clear the 1W MA200 (red trend-line), which is its multi-month Support, we expect it to reach at least $160.00 (just below the 0.786 Fib) on the short-term.
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Semiconductor Stocks Blast Off as Foxconn's Revenue Takes FlightA perfect storm of positive factors sent semiconductor stocks soaring, with major players experiencing significant gains. Here are the key drivers behind this surge:
1. Foxconn's Record-Breaking Revenue: A 15% year-over-year revenue increase and a 42% rise in December sales ignited investor optimism in the sector.
2. AI Demand Anticipation: Foxconn's strong results underscored ongoing demand for AI technologies, fueling expectations for future growth in the semiconductor space.
3. Microsoft's $80 Billion AI Investment: The tech giant's commitment to AI-enabled data centers further boosted expectations for increased demand for specialized chips, particularly from Nvidia.
The impact on leading semiconductor companies was substantial:
● Nvidia Corporation NASDAQ:NVDA : Up +3.4%
● Advanced Micro Devices NASDAQ:AMD : Up +3.3%
● Micron Technology NASDAQ:MU : Up +10.5%
As the demand for AI technologies continues to grow, semiconductor companies are well-positioned to capitalize on this trend, driving growth and innovation in the sector.
AMD = The Trader Slayer!NASDAQ:AMD
We got a lot going on here with AMD!
- In the volume gap and could fall down to the shelf at $108 or we could have just hit a double bottom with a breakout spot at $174ish.
-H5 Indicator is RED and they are in a downtrend while also forming a Bull Flag (barely).
-Sitting on the bottom of the Wr% and could form a downtrend box or start running to the upside.
It all makes sense to me. This name is an extremely difficult name to trade and has eaten the best traders whole, myself included.
One thing is clear to me! trying to trade this name right now with all of these mixed signals is risky-business! I'm steering clear until we get some certainty!
No price targets because who knows whats gonna happen. 🤣
Not financial advice.
ADVANCED MICRO DEVICES $AMD | CHIP STOCKS FALL DOWN Dec11'24ADVANCED MICRO DEVICES NASDAQ:AMD | CHIP STOCKS FALL Dec11'24
NASDAQ:AMD BUY/LONG ZONE (GREEN): $141.50 - $166.50
NASDAQ:AMD DO NOT TRADE/DNT ZONE (WHITE): $134.50 - $141.50
NASDAQ:AMD SELL/SHORT ZONE (RED): $110.00 - $134.50
NASDAQ:AMD Trends:
NASDAQ:AMD Weekly Trend: Bearish
NASDAQ:AMD Daily Trend: Bearish
NASDAQ:AMD 4H Trend: Bearish
NASDAQ:AMD 1H Trend: Bearish
NASDAQ:AMD Oct29 earnings release started bearish trend. Bears should start targeting the previous quarter's lows. Price is currently breaking my indicator's range to the downside, and all display indicators are pointing to a bearish trend for $amd. Recently, bearish momentum breaks down from the DNT range this week.
This is what I would personally look at before entering trades, everything is subject to change on a daily basis and as I analyze different timeframes and ideas.
ENTERTAINMENT PURPOSES ONLY, NOT FINANCIAL ADVICE!
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Advanced Micro Devices (AMD) AnalysisCompany Overview:
Advanced Micro Devices NASDAQ:AMD is a global leader in high-performance computing, graphics, and AI solutions, catering to enterprise, gaming, and data center markets. The company's strategic focus on innovation, competitive pricing, and market expansion has solidified its position as a compelling alternative to larger industry players.
Key Growth Catalysts
Data Center Momentum:
AMD’s EPYC CPUs and Instinct GPUs are gaining significant traction among enterprise and cloud customers.
Increasing adoption of AMD’s products by major hyperscalers reflects its strong positioning in AI workloads and high-performance computing (HPC).
AI Leadership Expansion:
Recent acquisitions of Silo AI and ZT Systems bolster AMD's expertise in AI model development and HPC systems, addressing growing demand for scalable AI infrastructure.
Partnerships with leading cloud providers like Microsoft Azure and Google Cloud further strengthen its foothold in the AI and gaming-as-a-service markets.
Gaming and Graphics:
AMD’s Radeon GPUs and Ryzen CPUs remain highly competitive in the gaming sector, supported by robust demand for gaming consoles and PC components.
Collaboration with console manufacturers like Sony (PlayStation) and Microsoft (Xbox) ensures consistent revenue streams.
Innovation and Pricing:
AMD’s focus on delivering price-performance leadership positions it as a viable competitor to industry giants like NVIDIA and Intel.
Cutting-edge technologies like 3D chip stacking and advanced manufacturing nodes give AMD a technical edge.
Financial and Market Outlook
Strategic Partnerships: Collaborations with Microsoft and Google provide long-term growth potential in cloud computing and AI services.
Revenue Growth: AMD’s expansion into AI accelerators and HPC ensures consistent double-digit growth in revenue and profitability.
Investment Thesis
Bullish Case:
We remain bullish on AMD above the $108.00-$110.00 range, supported by its strong product lineup, strategic acquisitions, and partnerships in key growth sectors like AI, cloud, and gaming.
Upside Potential:
Our price target is $225.00-$230.00, reflecting confidence in AMD’s ability to expand market share and sustain innovation-driven growth.
🚀 AMD—Leading the Next Wave of High-Performance Computing and AI Transformation. #AI #CloudComputing #Gaming #HPC
AMD Among My Top 10 Picks for 2025 | Price TargetIf you haven`t bought AMD on this strong buy rating:
My price target for AMD in 2025 is $175, driven by the following fundamental factors:
Robust Growth in Data Center and AI Segments:
AMD is experiencing significant momentum in its data center business, particularly with its EPYC processors and AI accelerators. The company has raised its revenue outlook for its MI300 AI accelerators to over $5 billion for 2024, reflecting robust demand and an expanding market presence. Analysts project that AMD's earnings per share (EPS) will grow by approximately 55% in 2025, driven by increasing contributions from these high-margin segments. This growth trajectory positions AMD favorably to capture a larger share of the rapidly expanding AI and data center markets, which are projected to see substantial investments in the coming years.
Competitive Positioning Against Rivals:
AMD's strategic focus on providing cost-effective and high-performance solutions allows it to compete effectively against industry giants like NVIDIA. The launch of its MI325X accelerator, which offers competitive performance at lower price points compared to NVIDIA's offerings, is expected to attract hyperscale clients. This competitive edge is crucial as demand for AI processing power continues to surge across various industries.
Strong Financial Health and Valuation:
AMD's financial metrics indicate a solid foundation for growth. The company has demonstrated impressive gross margins, recently reported at around 52%, and is expected to see further margin expansion as it shifts towards higher-margin products. Currently trading at a forward price-to-earnings (P/E) ratio of approximately 24x for fiscal 2025, AMD is considered undervalued compared to its peers, particularly given its projected earnings growth. Analysts have set an average price target of $182 for AMD by the end of 2025, suggesting significant upside potential from current levels.
Strategic Acquisitions and Leadership:
Under CEO Lisa Su's leadership, AMD has transformed into a powerhouse in the semiconductor industry. Recent strategic acquisitions, such as ZT Systems, enhance AMD's capabilities in providing comprehensive AI infrastructure solutions. This strategy not only expands AMD's product offerings but also strengthens its relationships with key clients in the cloud computing space.
AMD Stock Price Rebounds from Yearly Low. 2025 ForecastAMD Stock Price Rebounds from Yearly Low. 2025 Forecast
As the chart indicates, Advanced Micro Devices (AMD) reached its yearly low on 20th December, dropping below $120.
However, on Monday, AMD emerged as one of the top-performing stocks in the market. The trading session opened with a bullish gap, and by the close, the stock had gained approximately 4.5% compared to Friday's close. Meanwhile, the S&P 500 (US SPX 500 mini on FXOpen) rose by 0.7% on the same day.
According to technical analysis of the AMD stock chart, in 2024, the price formed a descending price channel (highlighted in red), characterised by the following:
- Bears broke below three trendlines, forming a structure reminiscent of Gann fans.
- The fourth (lowest) trendline could serve as a strong support level, preventing the price from reaching the bottom of the channel. The sharp upward reversal from the $120 level may be considered a sign supporting this scenario.
Price action suggests increasing demand, and analysts (as outlined below) believe buyers may play a more active role in 2025.
AMD Stock Price Forecast for 2025
In 2024, AMD underperformed the market. Amid the AI boom, Nvidia (NVDA) and Broadcom (AVGO) stocks reached all-time highs, while AMD's stock price dropped by about 12% since the beginning of 2024.
According to Yahoo Finance, the company’s strategic approach provides a rationale for investors to hold or buy AMD shares heading into 2025.
AMD has historically avoided introducing revolutionary products. Instead, the company enters established markets with alternative products that offer specific advantages.
This strategy could apply to the AI boom:
- 2024: AMD’s stock declines as the company adopts a wait-and-see approach, assessing the AI market's needs.
- 2025: AMD could benefit from the AI race, possibly through new processors in its EPYC series.
According to TipRanks:
- 22 out of 30 surveyed analysts recommend buying AMD shares.
- The average price target for AMD is $182 by the end of 2025, representing a 46% increase from current levels.
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.