AMAT Applied Materials Chart, History Price & Graph

Key Takeaways

• AMAT maintains a strong uptrend with higher highs and higher lows, trading above all major moving averages including the 50-day at approximately 343 and 200-day around 352.
• RSI(14) at 57 indicates bullish momentum without overbought conditions; MACD(12,26) at 2.37 shows a buy signal.
• Recent price action features a 7.5% gain over the past month amid elevated volume, with a breakout setup testing resistance near 356-396.
• Key support cluster at 343-345, resistance at 356 and 396 (52-week high).
• Overall technical rating: Strong Buy across moving averages and indicators.

Trend Analysis

The chart of AMAT, Applied Materials, Inc., displays a robust uptrend characterized by consistent higher highs and higher lows. Price has pulled back within this structure, finding demand near key moving averages, confirming underlying strength. Over the last 30 days, AMAT advanced roughly 7.5%, with a 21% rise in the past quarter, reflecting sustained bullish bias amid semiconductor sector momentum.

Support and Resistance Levels

Pivot analysis highlights immediate support at 345.38 (S1 classic), with denser clustering at 343.30 (S2), aligning with the 50-day MA near 343. Resistance emerges at 350.81 (R1), 354.16 (R2), and 356.24 (R3). Broader levels include 52-week support near 128 but more relevant near-term at 320-330 zones discussed in trader notes, and overhead resistance at 396, the all-time high. Price respects these pivots, with recent lows holding above S1.

Moving Averages

All short- and long-term moving averages signal buy. The 5-day SMA/EMA at 351-352, 20-day at 350/349, 50-day SMA at 343.24, and 200-day at 352/348 provide dynamic support. Price above the rising 200-day confirms long-term bullish trend, with EMAs fanned positively.

Momentum Indicators

RSI(14) reads 57.142 (buy), STOCH(9,6) neutral at 53.52, but STOCHRSI overbought at 90 suggesting short-term caution. MACD positive at 2.37 (buy), ADX(14) at 22.832 (buy), CCI(14) at 95 (buy). Momentum supports continuation without divergence warnings.

Volume and Market Activity

Recent sessions show volume above average at 3.98M shares (vs. 7.58M 65-day avg), spiking on up days like the 0.48% close at 354.31. This confirms buying interest during pullbacks, with no unusual distribution.

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Technical Outlook and Key Levels to Watch

Traders monitor for continuation above 356 (R3 pivot), targeting prior highs near 396, or consolidation if rejected. Support at 345-343 critical; breach could test 339 (S3). Watch MACD for sustained bullish crossover, RSI divergence, and volume on breaks. Uptrend intact above 50-day MA, with bullish structure favoring higher levels on strength.

Disclaimer

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