AMD stock: buy or sell

AMD stock price: $78.52 0.99% At close on Mar 5th, 2021

Updated on:
Mar 7th, 2021

1

AMD stock brief

  • AMD stock merely moved 0.99% to close at $78.52 on the stock market on Friday, and broke a streak of 3 sessions in negative.
  • The price is currently below the lower Bollinger band, which is usually an indicator of a near-term bounce that you better not try to trade
  • Advanced Micro Devices, Inc. operates as a semiconductor company worldwide. The company operates in two segments, Computing and Graphics; and Enterprise, Embedded and Semi-Custom.

Should I buy AMD stock?

All successful traders recommend adhering to a trading strategy and not make decisions based on subjective opinions, rumors or feelings. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best moment to buy them. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best

Is $AMD stock a buy?

In the current situation of AMD there is not any eligible buy setup. This doesn't mean we expect a selloff for $AMD in coming sessions, or that it may not rise higher. Simply, it doesn't match our recommended trading systems

Should I sell AMD stock?

How to know when is it time to sell AMD?. Trading strategies help us to avoid rash decisions based on our emotions or the noise surrounding the market. When selling, as well as buying, detailed strategies are very simple to follow and are only valid for selling stocks in your porfolio, not for shorting AMD stock

As a golden rule, you should never hold a trading operation that produces losses greater than those expected upon purchase. The timing to sell shares must always be dictated by the stop-loss (automatic or manual)

Is it time to sell AMD stock?

In the current situation of AMD there is not any eligible sell setup, so AMD stock holders with operations in green can keep their positions

AMD ratings

We don't have any rating posted in the last 30 days for AMD

AMD stock analysis

Downtrend breakdown.

SMAs overview

AMD stock SMAs chart

Supports and resistances

The current resistances are:

  • R1: $84.66 (7.82% above)
  • R2: $87.29 (11.17% above)
  • R3: $88.72 (12.99% above)
  • The current supports are:

  • S1: $76.10 (-3.08% below)
  • S2: $73.85 (-5.95% below)
  • S3: $73.76 (-6.06% below)
  • Bollinger bands

    When the price moves out of the band (above the upper line or below the lower line) it signals that the stock is currently having a very strong trend and therefore can correct the trend to the average. For this case, the price is below the upper band, which should mean a short-term rebound (at least) until it is back above the band

    AMD stock Bollinger Bands chart

    Relative strength index

    When the fluctuates for so long below 70 and above 30, without indicating moments of overbought and oversold, the indicator loses its usefulness, and we are now in such a case.

    AMD stock RSI chart

    AMD stock price history

    AMD started trading on Mar 17th, 1980 priced at $0.00 per share1. Since then, AMD stock has risen by -, with an average of 0.00% per year. If you had invested thousand dollars in AMD stock on Mar 1980, it would be valued $inf today.

    1: Adjusted price after possible price splits or reverse-splits

    AMD stock price history chart

    Price target for AMD stock

    How much a stock will be priced tomorrow or next week is quite unpredictable. However, many stock price predictions are issued every day by banks, financial institutions and independent analysts.

    Along with buy or sell recommendations, financial institutions publish their price predictions based on the stock price action and the company fundamental data. Most of these estimates follow the release of new fundamental data by the company, and usually. If you are a small trader you shouldn't invest based on these predictions.

    In the previous month we couldn't find any price target posted for AMD stock.

    Earnings and financials

    Advanced Micro Devices, Inc. ($AMD) published quarterly earnings of $0.52 per share last January, beating the analysts consensus estimate of $0.47 per share. This quarterly report represents an earnings surprise of 10.64%. Estimated revenue was $3.0 billion but AMD slightly uplifted by 7.42%, reporting $3.2 billion.

    In comparison, the EPS for the same quarter last year was $0.32, so posted EPS is a improvement of 62.50%. Looking at turnover, figures skyrocketed a 52.52% compared to $21.3B same quarter a year ago.

    AMD ($AMD) presents quarterly financial report late next April. Market expects of $0.44, compared to previous quarter that made $0.52.

    AMD competitors

    AMD is classified inside the Technology sector and the Semiconductors industry, which contain industry peers.

    AMD most relevant competitors are:

    AMD competitors
    CompanyMarket capRatingBullish ratings1
    AMD ($AMD) $107.4B
    NVIDIA ($NVDA) $332.5B Buy 20
    Intel ($INTC) $247.7B Buy 1
    Texas Instruments ($TXN) $154.5B Buy 1
    Microchip Technology ($MCHP) $38.8B Strong buy 8
    HP ($HPQ) $33.9B Buy 4

    1 In the last 30 days.

    AMD performance

    To better understand AMD stock performance you must compare its gains with other related stocks in same sector or industry.. For AMD, the benchmark is made against NVIDIA, Intel, Texas Instruments, Microchip Technology and HP.

    AMD performance compared
    Company1m3m6m
    AMD ($AMD) -11.00% -16.50% -10.60%
    NVIDIA ($NVDA) -7.90% -8.30% -9.90%
    Intel ($INTC) 5.40% 22.40% 17.20%
    Texas Instruments ($TXN) -1.20% 3.60% 15.80%
    Microchip Technology ($MCHP) 3.90% 5.80% 29.00%
    HP ($HPQ) 18.00% 31.60% 53.90%

    Please read:
    The opinions written in this article are personal and not recommendations for you to buy or sell stocks. The author of this paper does not have any knowledge of the individual scenarios of the reader, his or her financial statements or what is in his or her best interest at any given time. All users should speak with their financial advisor before buying or selling any securities Comments are provided for informational motives only

    AMD summary

    Friday, March 5th, 2021
    Open$79
    Close$78.52
    Day range$74.2 - $79.48
    Previous close$77.75
    Session gain0.99%
    Average true range$4.72
    50d mov avg$89.77
    100d mov avg$87.73
    200d mov avg$78.32
    Earnings dateApril 27th, 2021

    Frequently asked questions

    What is AMD stock symbol?

    Advanced Micro Devices, Inc. is a public company trading in the US stock market with the AMD symbol

    Is AMD stock a buy or sell?

    AMD had no ratings in the last 30 days Read the article to get additional tips on trading AMD stock.

    Will AMD go up?

    There were no predictions published by analysts in the last 30 days for AMD.