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Stock Trend Analysis Report

Prepared for you on Wednesday, May 29, 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.

NASDAQ_AMAT
Open High Low AMAT Price Change
217.75 219.48 217.16 218.02 -3.30
Entry Signal

MarketClub’s Trade Triangles for AMAT

long term up The long-term trend has been UP since Nov 15th, 2023 at 155.26

intermediate term up The intermediate-term trend has been UP since May 15th, 2024 at 212.57

short term up 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).

+90
Smart Scan Analysis for AMAT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
217.75 219.48 217.16 218.02 -3.30
Prev. Close Volume Bid Ask Time
221.32 325086 2024-05-29 09:48:10
Year High62.4Year High Date2018-03-12
Year Low30.53Year Low Date2018-10-29
52wk High225.0752wk High Date2024-05-23
52wk Low129.2152wk Low Date2023-10-31
Year End Close11.44Average Volume4,457,095
Shares Outstanding827,975Short Interest16,732,635
% Institutional78.2Market Cap47,628M
Assets319,490,000MLiabilities137,500,000M
P/E Ratio25.4391Beta1.57
Volatility46.27
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