Amd short term price
10/8/2024 01:03pm
The short-term price of AMD (Advanced Micro) is currently trading at $164.85, which is its 5-day moving average. This indicates a recent uptick in the stock price, as it is above both the 10-day and 20-day moving averages of $164.05 and $157.85, respectively.
However, when considering the longer-term moving averages, such as the 30-day, 50-day, and 60-day moving averages of $152.92, $148.61, and $149.79 respectively, it suggests that the stock may experience a pullback or consolidation in the near term.
The technical indicators also support this view. The MACD (Moving Average Convergence Divergence) is at 2.31, which could indicate a potential upward momentum if it crosses above the signal line. The KDJ (Stochastic oscillator) is at 89.27, suggesting that the stock may be overbought and could correct soon. Finally, the Bollinger Bands are at 157.85, which is close to the current trading price, indicating that the stock is trading in the upper part of its recent range.