Advanced Micro Devices Stock Technical Analysis

AMD Stock  USD 154.02  9.44  5.78%   
As of the 18th of April 2024, Advanced Micro shows the Mean Deviation of 2.48, risk adjusted performance of 0.0325, and Downside Deviation of 3.01. Advanced Micro Devices technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We have collected data for nineteen technical drivers for Advanced Micro Devices, which can be compared to its peers. Please confirm Advanced Micro Devices treynor ratio, as well as the relationship between the potential upside and expected short fall to decide if Advanced Micro Devices is priced correctly, providing market reflects its regular price of 154.02 per share. Given that Advanced Micro has jensen alpha of 0.0477, we suggest you to validate Advanced Micro Devices's prevailing market performance to make sure the company can sustain itself at a future point.

Advanced Micro Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Advanced, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Advanced
  
Advanced Micro's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

Advanced Micro Analyst Consensus

Target PriceAdvice# of Analysts
129.11Strong Buy48Odds
Advanced Micro Devices current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Advanced analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Advanced stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Advanced Micro Devices, talking to its executives and customers, or listening to Advanced conference calls.
Advanced Analyst Advice Details
Advanced Micro technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Advanced Micro technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Advanced Micro trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Advanced Micro Devices Technical Analysis

Indicator
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Execute Indicator
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Advanced Micro Devices volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Advanced Micro Devices Trend Analysis

Use this graph to draw trend lines for Advanced Micro Devices. You can use it to identify possible trend reversals for Advanced Micro as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Advanced Micro price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Advanced Micro Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Advanced Micro Devices applied against its price change over selected period. The best fit line has a slop of   0.06  , which may imply that the returns on investment in Advanced Micro Devices will continue to fail. It has 122 observation points and a regression sum of squares at 153.58, which is the sum of squared deviations for the predicted Advanced Micro price change compared to its average price change.

About Advanced Micro Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Advanced Micro Devices on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Advanced Micro Devices based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Advanced Micro Devices price pattern first instead of the macroeconomic environment surrounding Advanced Micro Devices. By analyzing Advanced Micro's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Advanced Micro's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Advanced Micro specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2023 (projected)
Dividend Yield4.0E-65.0E-6
Price To Sales Ratio10.563.88

Advanced Micro April 18, 2024 Technical Indicators

Most technical analysis of Advanced help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Advanced from various momentum indicators to cycle indicators. When you analyze Advanced charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
When determining whether Advanced Micro Devices is a strong investment it is important to analyze Advanced Micro's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Advanced Micro's future performance. For an informed investment choice regarding Advanced Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Advanced Micro Devices. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.

Complementary Tools for Advanced Stock analysis

When running Advanced Micro's price analysis, check to measure Advanced Micro's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Advanced Micro is operating at the current time. Most of Advanced Micro's value examination focuses on studying past and present price action to predict the probability of Advanced Micro's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Advanced Micro's price. Additionally, you may evaluate how the addition of Advanced Micro to your portfolios can decrease your overall portfolio volatility.
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Is Advanced Micro's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Advanced Micro. If investors know Advanced will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Advanced Micro listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
48.693
Earnings Share
0.52
Revenue Per Share
14.052
Quarterly Revenue Growth
0.102
Return On Assets
0.0037
The market value of Advanced Micro Devices is measured differently than its book value, which is the value of Advanced that is recorded on the company's balance sheet. Investors also form their own opinion of Advanced Micro's value that differs from its market value or its book value, called intrinsic value, which is Advanced Micro's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Advanced Micro's market value can be influenced by many factors that don't directly affect Advanced Micro's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Advanced Micro's value and its price as these two are different measures arrived at by different means. Investors typically determine if Advanced Micro is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Advanced Micro's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.