Question 1

What implications does the 10-day RSI indicator have for AMAT?

Accepted Answer

The RSI Indicator for AMAT moved out of oversold territory on August 08, 2024. This could be a sign that the stock is shifting from a downward trend to an upward trend. Traders may want to buy the stock or call options. The A.I.dvisor looked at 20 similar instances when the indicator left oversold territory. In 19 of the 20 cases the stock moved higher. This puts the odds of a move higher at 0%.

Question 2

What does the Stochastic Oscillator suggest about AMAT's trend?

Accepted Answer

The Stochastic Oscillator has been in the overbought zone for 2 days. Expect a price pull-back in the near future.

Question 3

How did AMAT's Momentum indicator behave recently?

Accepted Answer

The Momentum Indicator moved above the 0 level on August 15, 2024. You may want to consider a long position or call options on AMAT as a result. In 68 of 88 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 0%.

Question 4

What does MACD indicator imply for AMAT?

Accepted Answer

The Moving Average Convergence Divergence (MACD) for AMAT just turned positive on August 13, 2024. Looking at past instances where AMAT's MACD turned positive, the stock continued to rise in 40 of 47 cases over the following month. The odds of a continued upward trend are 0%.

Question 5

What does a 3-day price advance indicate for AMAT?

Accepted Answer

Following a +5.49% 3-day Advance, the price is estimated to grow further. Considering data from situations where AMAT advanced for three days, in 246 of 313 cases, the price rose further within the following month. The odds of a continued upward trend are 0%.

Question 6

What does a 3-day decline signify for AMAT's future price movement?

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where AMAT declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 0%.

Question 7

How does the Aroon Indicator reflect on AMAT's trend?

Accepted Answer

The Aroon Indicator for AMAT entered a downward trend on August 14, 2024. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

AMAT Stock Applied Materials (AMAT, $221.73) Moving Average Convergence Divergence (MACD) Histogram turned positive on June 7, 2024

AMAT's RSI Oscillator ascending out of oversold territory

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