Question 1

What implications does the 10-day RSI indicator have for AMAT?

Accepted Answer

The RSI Oscillator for AMAT moved out of oversold territory on September 09, 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 24 similar instances when the indicator left oversold territory. In 21 of the 24 cases the stock moved higher. This puts the odds of a move higher at 88%.

Question 2

What does the Stochastic Oscillator suggest about AMAT's trend?

Accepted Answer

The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. 46 of 55 cases where AMAT'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 84%.

Question 3

How did AMAT's Momentum indicator behave recently?

Accepted Answer

The Momentum Indicator moved below the 0 level on August 27, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on AMAT as a result. In 59 of 89 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are 66%.

Question 4

What does MACD indicator imply for AMAT?

Accepted Answer

The Moving Average Convergence Divergence Histogram (MACD) for AMAT turned negative on September 03, 2024. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 47 similar instances when the indicator turned negative. In 30 of the 47 cases the stock turned lower in the days that followed. This puts the odds of success at 64%.

Question 5

What does a 3-day price advance indicate for AMAT?

Accepted Answer

Following a +4.72% 3-day Advance, the price is estimated to grow further. Considering data from situations where AMAT advanced for three days, in 244 of 311 cases, the price rose further within the following month. The odds of a continued upward trend are 78%.

Question 6

What does a 3-day decline signify for AMAT's future price movement?

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where AMAT declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 61%.

Question 7

What does AMAT breaking above its upper Bollinger Band indicate?

Accepted Answer

AMAT may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

Question 8

How does the Aroon Indicator reflect on AMAT's trend?

Accepted Answer

The Aroon Indicator for AMAT entered a downward trend on August 14, 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.

AMAT Stock Applied Materials (AMAT, $188.47) Moving Average Convergence Divergence (MACD) Histogram turned positive on September 13, 2024

AMAT's RSI Indicator recovers from oversold territory

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