Technical analysis of amd

Advanced Micro Devices (AMD) shows bearish signals in its technical indicators, with a strong sell sentiment prevailing. Here's a detailed analysis: 1. **RSI and MACD**: The Relative Strength Index (RSI) for AMD is at 25.05, indicating the stock may be oversold. However, the Moving Average Convergence Divergence (MACD) is -5.81, suggesting a bearish momentum. |Ticker|Name|RSI|MACD|KDJ|Boll|Date|code|market_code| |---|---|---|---|---|---|---|---|---| |AMD.O|Advanced Micro|25.0537|-5.8121|20.3145|159.3690|20240801|AMD|186| 2. **Bollinger Bands**: The Bollinger Bands are currently at 159.37, which is above the closing price of AMD, indicating that the stock is trading near the lower band and may have room to fall before finding support. 3. **KDJ**: The KDJ value of 20.31 is quite low, which typically indicates an oversold condition and a potential reversal in the near future. However, the current trend is still downward. 4. **Support and Resistance Levels**: The support level is at $130.61, and the resistance level is at $133.97. The stock is trading close to its support level, which could be a point of interest for potential buyers looking for a bargain. |Ticker|Name|Support Level (Narrow)|Resistance Level (Narrow)|Date|code|market_code| |---|---|---|---|---|---|---| |AMD.O|Advanced Micro|130.6105|133.9701|20240801|AMD|186| 5. **Moving Averages**: The 5-Day, 10-Day, 20-Day, and 50-Day moving averages are 139.04, 143.96, 159.37, and 161.2, respectively. The stock is currently below all these averages, indicating a bearish trend. |Ticker|Name|5-Day Moving Average|10-Day Moving Average|20-Day Moving Average|50-Day Moving Average|Date|code|market_code| |---|---|---|---|---|---|---|---|---| |AMD.O|Advanced Micro|139.0400|143.9600|159.3690|161.1968|20240801|AMD|186| 6. **Closing Price and Trading Volume**: The closing price of AMD on August 1, 2024, was $132.54, with a trading volume of 94.73 million shares. This high trading volume suggests increased market activity and potentially heightened price volatility. |Ticker|Name|Trading Volume|Closing Price|Date|code|market_code| |---|---|---|---|---|---|---| |AMD.O|Advanced Micro|9.4731931E7|132.54|20240801|AMD|186| 7. **Net Fund Flow**: There was a net fund flow of $187.36 million, with a block order flow of $383.34 million. This indicates significant institutional selling, which could be a bearish signal for the stock. |Ticker|Name|Net Fund Flow|Net Fund Flow (Extra-large Order)|Net Fund Flow (Block Order)|Date|code|market_code| |---|---|---|---|---|---|---|---| |AMD.O|Advanced Micro|1.8736398E8||3.833367E8|20240801|AMD|186| |AMD.O|Advanced Micro||||20240802|AMD|186| In conclusion, AMD's technical indicators suggest a bearish trend with strong sell signals. Investors should exercise caution and consider these indicators when making investment decisions for AMD.