AMD stock: buy or sell

AMD stock price: $74.59 2.05% At close on May 14th, 2021

Updated on:
May 17th, 2021

1

AMD stock brief

  • AMD stock went up 2.05% to close at $74.59 on the stock market last Friday.
  • Price is drawing a scaled uptrend since last March with higher tops and higher bottoms. Up to date, shares made a 0.99% gain since the beginning of this rally
  • 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?

Even if you are a experienced or a novel trader, best trading results come from using an investing strategy that never leaves to random or subjective opinions when is the best moment to buy or sell stocks. 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 $AMD will slide in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems

Should I sell AMD stock?

Do you know when is it time to sell AMD?. Trading strategies prevent us from making rash decisions based on our personal sentiments or the buzz surrounding the market. When selling, as well as buying, detailed strategies are very easy to follow but are only valid for selling stocks you already own, not for selling short $AMD stock

A guiding principle is that you should not mantain a trade that shows a losses greater than those expected upon the buy. The timing to sell your stock should always be dictated by the stop-loss (automatic or manual)

Is it time to sell AMD stock?

Currently, AMD stock doesn't match any of our preferred sell setups, so if you own AMD stock and your operation is in profit probably is not time to sell now

Price broke down below last bottom

AMD ratings

In the last 30 days, 9 analyst ratings were published for AMD. General sentiment is bullish, with 8 out of 9 publishing optimistic outlooks

AMD analysts' ratings - Last 30 days
Brokerage firmRating
Apr 21st, 2021
Raymond James Buy
Apr 28th, 2021
Mizuho Strong buy
Northland Securities Buy
Raymond James Buy
Summit Insights Strong buyNeutral
Susquehanna Buy
Susquehanna Bancshares Buy
May 4th, 2021
Mizuho Strong buy
Raymond James Buy

AMD stock analysis

AMD stock started an uptrend last March, and grew a flat 0.99%. Rising highs and lows can be seen easily on a chart and how price action offered very few buy points on the breakouts. Latest low was last March, when price bounced at $74.85. Last Wednesday, the uptrend got broken when price slided down under the $74.85 support

SMAs overview

AMD stock SMAs chart

Supports and resistances

The current resistance levels are:

  • R1: $74.85 (0.35% above)
  • R2: $76.10 (2.02% above)
  • R3: $84.66 (13.50% above)
  • The current support levels are:

  • S1: $73.86 (-0.98% below)
  • S2: $73.85 (-0.99% below)
  • S3: $73.76 (-1.11% below)
  • Bollinger bands

    Since the price broke down the lower band last Thursday, the price has bounced up by 2.88%. The price is moving near to the lower Bollinger band, indicating some level of oversold in recent sessions. This is not a buy point, as price can trade in these levels for many days and weeks

    AMD stock Bollinger Bands chart

    Relative strength index

    The RSI crossed up the oversold level of 30 last March after just being in the oversold zone for just one day (what can be considered a strength sign). The RSI value last Friday was 39.26

    AMD stock RSI chart

    AMD stock price history

    AMD started trading on Mar 17th, 1980 at $0.00 per share1. Since then, AMD stock has risen by -, with an average of 0.00% per year. An investment of $1,000USD on Mar 1980 would worth $inf nowadays.

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

    AMD stock price history chart

    Price target for AMD stock

    Nobody knows how much a share will be priced in the future. Banks and financial organisations post their analysis forecasting how a particular stock will performance in the future.

    Along with buy or sell recommendations, brokerage institutions post their price forecasts based on the stock price action and the company fundamental data. Most of these predictions follow the publication of new fundamental information by the company, and many times. If you are a small trader you don't have to buy or sell based on these predictions.

    The average price target for AMD stock calculated from the table below is $112.50. AMD closed at $74.59 last Friday, so the target price is forecasting a growth by 50.82%.

    AMD stock price predictions
    Brokerage firmPrice target
    Apr 21st, 2021
    Raymond James $100.00
    Apr 28th, 2021
    Mizuho $105.00$107.00
    Northland Securities $96.00$116.00
    Raymond James $100.00$110.00
    Summit Insights Not available
    Susquehanna $115.00$125.00
    Susquehanna Bancshares $115.00$125.00
    May 4th, 2021
    Mizuho $105.00$107.00
    Raymond James $100.00$110.00

    Earnings and financials

    Advanced Micro Devices, Inc. ($AMD) reported quarterly earnings of $0.52 per share in late April, significantly upping the analysts consensus estimate of $0.44 per share. This Q1 report represents an earnings surprise of 18.18%. Company's sales was $3.4 billion compared to $3.2 billion estimated by market consensus.

    For comparison, the EPS for the same quarter last year was $0.18, so posted EPS is a gain of 188.89%. Revenue skyrocketed a 92.89% on an annualized basis in the , from $17.9B to $34.5B last quarter.

    AMD ($AMD) is hosting the Q2 earnings call next July. Wall Street expects of $0.54, compared to Q1 that made $0.52.

    AMD competitors

    AMD belongs to the Technology sector and the Semiconductors industry, which contain industry peers.

    The following are some of AMD main competitors:

    AMD competitors
    CompanyMarket capRatingBullish ratings1
    AMD ($AMD) $92.9B Buy 8
    NVIDIA ($NVDA) $318.1B Buy 7
    Intel ($INTC) $259.1B Neutral 3
    Texas Instruments ($TXN) $166.3B Buy 12
    Microchip Technology ($MCHP) $40.4B Strong buy 5
    HP ($HPQ) $37.3B Buy 1

    1 In the last 30 days.

    AMD performance

    To better understand AMD 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 ($AMD) -10.50% -20.60% -8.30%
    NVIDIA ($NVDA) -11.30% -5.40% 5.70%
    Intel ($INTC) -14.80% -10.20% 21.50%
    Texas Instruments ($TXN) -4.80% 2.40% 18.80%
    Microchip Technology ($MCHP) -9.10% -9.30% 16.30%
    HP ($HPQ) -2.70% 20.40% 73.90%

    Important note:
    The comments published in this post are personal and not recommendations for you to buy or sell shares. The author of this article does not know the specific situations of the reader, his or her financial statements or his or her own best interests at any given time. All users should speak with their financial advisor before buying or selling any securities Comments are published for informational motives only

    AMD summary

    Friday, May 14th, 2021
    Open$74.02
    Close$74.59
    Day range$72.72 - $75.03
    Previous close$73.09
    Session gain2.05%
    Average true range$3.51
    50d mov avg$79.74
    100d mov avg$84.84
    200d mov avg$84.27
    Earnings dateJuly 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 received 9 ratings in the last 30 days: 8 bullish, 0 bearish and 1 neutral.

    Will AMD go up?

    AMD had different price forecasts published by analysts in the last 30 days setting the target price to $112.50. That is a 50.82% than the current price ($74.59).