On July 27, 2018 Intel announced that their next generation 10-nanometer chip has production delays and will not available for sale till second half of 2019. This means that most PCs and Apple MacBooks will not be upgraded to the next models for more than a year since thy all will be waiting for new Intel 10-nanometer chip.
At the same time this Intel delay is good for Advanced Micro Devices which are currently attacking Intel server market with similar chips and has some new products coming out early in 2019 to compete with the latest Intel chips.
AMD investors were so happy with Intel troubles that AMD stock jumped as high s +8% till settling to +3% by the end of the day. Obviously lack of new chip products from Intel made a lot investors very unexcited about the future of the company and they sold the stock with an 8% loss today.
The RSI Indicator for AMD moved out of oversold territory on April 23, 2024. This could be a sign that the stock is shifting from a downward trend to an upward trend. Traders may want to buy the stock or call options. The A.I.dvisor looked at 19 similar instances when the indicator left oversold territory. In of the 19 cases the stock moved higher. This puts the odds of a move higher at .
The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 57 cases where AMD's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where AMD advanced for three days, in of 308 cases, the price rose further within the following month. The odds of a continued upward trend are .
AMD may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
AMD moved below its 50-day moving average on April 02, 2024 date and that indicates a change from an upward trend to a downward trend.
The 10-day moving average for AMD crossed bearishly below the 50-day moving average on April 01, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In of 17 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where AMD declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Aroon Indicator for AMD entered a downward trend on April 25, 2024. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 63, placing this stock better than average.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. AMD’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is significantly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (4.446) is normal, around the industry mean (6.522). P/E Ratio (290.113) is within average values for comparable stocks, (116.200). Projected Growth (PEG Ratio) (0.626) is also within normal values, averaging (2.602). AMD has a moderately low Dividend Yield (0.000) as compared to the industry average of (0.021). P/S Ratio (11.013) is also within normal values, averaging (34.985).
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
a manufacturer of integrated circuits for semiconductors
Industry Semiconductors