Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Saturday, May 18, 2024.
Applied Materials, Inc. (NASDAQ:AMAT)
Long-Term Uptrend (+90) - AMAT is in a strong uptrend that is likely to continue. While AMAT is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid AMAT?
MarketClub looks at technical strength and momentum to determine if the timing is right for AMAT.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for AMAT
The long-term trend has been UP since Nov 15th, 2023 at 155.26
The intermediate-term trend has been UP since May 15th, 2024 at 212.57
The short-term trend has been UP since May 15th, 2024 at 212.57
Smart Scan Analysis for AMAT
Based on our trend formula, AMAT is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 216.85 | 219.36 | 210.23 | 211.95 | -2.08 |
| Prev. Close | Volume | Bid | Ask | Time |
| 212.08 | 6085415 | 2024-05-17 15:59:08 |
| Year High | 62.4 | Year High Date | 2018-03-12 |
| Year Low | 30.53 | Year Low Date | 2018-10-29 |
| 52wk High | 218.75 | 52wk High Date | 2024-05-16 |
| 52wk Low | 120.18 | 52wk Low Date | 2023-05-24 |
| Year End Close | 11.44 | Average Volume | 4,372,312 |
| Shares Outstanding | 830,897 | Short Interest | 16,732,635 |
| % Institutional | 78.2 | Market Cap | 47,628M |
| Assets | 315,400,000M | Liabilities | 141,110,000M |
| P/E Ratio | 25.18 | Beta | 1.57 |
| Volatility | 46.27 |