Will amd up today?

**Advanced Micro Devices (AMD) is likely to experience a positive trend today.** Here's the analysis to support this conclusion: 1. **Short-term Trend Forecast**: The short-term trend forecast for AMD is bullish. This indicates that the stock is expected to rise in the near term. 2. **Closing Price and Forecast**: The closing price for AMD on August 6, 2024, was $130.18. The forecast prices for the next five trading days range from $129.58 to $133.74, with the highest forecast price on August 13. This suggests that the stock could see an increase in price over the next week. |Ticker|Name|Closing Price|Date|code|market_code| |---|---|---|---|---|---| |AMD.O|Advanced Micro|130.18|20240806|AMD|186| |Ticker|Name|Forecast Price|Date|code|market_code| |---|---|---|---|---|---| |AMD.O|Advanced Micro|129.5817506|20240807|AMD|186| |AMD.O|Advanced Micro|130.48320853|20240808|AMD|186| |AMD.O|Advanced Micro|131.52565208|20240809|AMD|186| |AMD.O|Advanced Micro|131.67770154|20240812|AMD|186| |AMD.O|Advanced Micro|133.74147016|20240813|AMD|186| 3. **Market Sentiment and News**: The news sentiment surrounding AMD is positive, with a score of 38.13% more positive than average. This indicates a favorable outlook among investors and analysts. 4. **Historical Performance**: AMD has a history of strong performance, with a focus on innovation in high-performance computing and graphics. The company's market share gains in CPUs and servers, along with its focus on AI and data center markets, have contributed to its stock's upward trajectory. 5. **Technical Indicators**: The Relative Strength Rating of AMD is 46 out of 99, which suggests that the stock's price performance is above average. Additionally, the stock's price target is $195.51, with forecasts ranging from $126.25 to $262.50, indicating potential for growth. In conclusion, the bullish short-term trend forecast, positive market sentiment, and strong historical performance support the expectation that AMD will have an upward trend today.