AMD stock: buy or sell
Mar 7th, 2021
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
We don't have any rating posted in the last 30 days for AMD
AMD stock analysis
Supports and resistances
The current resistances are:
The current supports are:
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
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 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 $inf today.
1: Adjusted price after possible price splits or reverse-splits
Price target for AMD stock
How much a stock will be priced tomorrow or next week is quite unpredictable. However, many stock price predictions are issued every day by banks, financial institutions and independent analysts.
Along with buy or sell recommendations, financial institutions publish their price predictions based on the stock price action and the company fundamental data. Most of these estimates follow the release of new fundamental data by the company, and usually. If you are a small trader you shouldn't invest based on these predictions.
In the previous month we couldn't find any price target posted for AMD stock.
Earnings and financials
Advanced Micro Devices, Inc. ($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 $0.52.
AMD is classified inside the Technology sector and the Semiconductors industry, which contain industry peers.
AMD most relevant competitors are:
|Company||Market cap||Rating||Bullish ratings1|
|Texas Instruments ($TXN)||$154.5B||Buy||1|
|Microchip Technology ($MCHP)||$38.8B|| ||8|
1 In the last 30 days.
To better understand AMD stock performance you must compare its gains with other related stocks in same sector or industry.. For AMD, the benchmark is made against NVIDIA, Intel, Texas Instruments, Microchip Technology and HP.
|Texas Instruments ($TXN)||-1.20%||3.60%||15.80%|
|Microchip Technology ($MCHP)||3.90%||5.80%||29.00%|
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
|Friday, March 5th, 2021|
|Day range||$74.2 - $79.48|
|Average true range||$4.72|
|50d mov avg||$89.77|
|100d mov avg||$87.73|
|200d mov avg||$78.32|
|Earnings date||April 27th, 2021|