Question 1

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

Accepted Answer

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 5 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

Question 2

How did AMD's Momentum indicator behave recently?

Accepted Answer

The Momentum Indicator moved above the 0 level on September 12, 2024. You may want to consider a long position or call options on AMD as a result. In 63 of 72 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 88%.

Question 3

What does MACD indicator imply for AMD?

Accepted Answer

The Moving Average Convergence Divergence (MACD) for AMD just turned positive on September 11, 2024. Looking at past instances where AMD's MACD turned positive, the stock continued to rise in 32 of 42 cases over the following month. The odds of a continued upward trend are 76%.

Question 4

What is the significance of the 50-day moving average indicator for AMD?

Accepted Answer

AMD moved above its 50-day moving average on September 19, 2024 date and that indicates a change from a downward trend to an upward trend.

Question 5

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

Accepted Answer

Following a +1.64% 3-day Advance, the price is estimated to grow further. Considering data from situations where AMD advanced for three days, in 244 of 298 cases, the price rose further within the following month. The odds of a continued upward trend are 82%.

Question 6

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

Accepted Answer

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 50 of 62 cases within the following month. The odds of a continued downward trend are 73%.

Question 7

What does AMD breaking above its upper Bollinger Band indicate?

Accepted Answer

AMD may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options. In 31 of 34 cases where AMD's price broke its lower Bollinger Band, its price rose further in the following month. The odds of a continued upward trend are 90%.

Question 8

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

Accepted Answer

The Aroon Indicator for AMD 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.

AMD Stock Advanced Micro Devices (AMD, $156.77) price moved above its 50-day Moving Average on September 19, 2024

AMD in upward trend: price expected to rise as it breaks its lower Bollinger Band on September 03, 2024

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