$Advanced Micro Devices(AMD)$

$Advanced Micro Devices(AMD)$ AMD) have taken a step back on the charts. Down 2.1% over the last nine months and 4.4% this quarter, AMD is looking for a blessing after its most recent rally lost steam in the $175 area. Last seen 0.2% higher at $156.89, the chip stock is now trading near a historically bullish trendline that could help it reclaim lost ground over the next month.

According to a study from Schaeffer's Senior Quantitative Analyst Rocky White, Advanced Micro Devices stock is trading within one standard deviation of its 260-day moving average. Per White's data, four similar signals occurred in the past three years, and AMD was higher one month after three of those occurrences, averaging a massive 18.6% 21-day gain. A similar move from the stock's current perch would put it at around $186, or levels not seen since July.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"detailType":1,"isChannel":false,"data":{"magic":2,"id":361081424916528,"tweetId":"361081424916528","gmtCreate":1729182826690,"gmtModify":1729182831456,"author":{"id":3479274790156223,"idStr":"3479274790156223","authorId":3479274790156223,"authorIdStr":"3479274790156223","name":"jinxie","avatar":"https://static.tigerbbs.com/a2d9acb0d80becf75c62d31ded80527d","vip":8,"userType":8,"introduction":"运营账号","boolIsFan":false,"boolIsHead":false,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[],"fanSize":19,"starInvestorFlag":false},"themes":[],"images":[],"coverImages":[],"html":"<html><head></head><body> <a data-mention-id=\"AMD\" class=\"teditor-mention\" data-mention-name=\"Advanced Micro Devices\" href=\"https://ttm.financial/S/AMD\">$Advanced Micro Devices(AMD)$</a> <v-v data-views=\"1\"></v-v>AMD)&nbsp;have taken a step back on the charts. Down 2.1% over the last nine months and 4.4% this quarter, AMD is looking for a blessing after its most recent rally lost steam in the $175 area. Last seen 0.2% higher at $156.89, the chip stock is now trading near a historically bullish trendline that could help it reclaim lost ground over the next month.According to a study from Schaeffer's Senior Quantitative Analyst Rocky White, Advanced Micro Devices stock is trading within one standard deviation of its 260-day moving average. Per White's data, four similar signals occurred in the past three years, and AMD was higher one month after three of those occurrences, averaging a massive 18.6% 21-day gain. A similar move from the stock's current perch would put it at around $186, or levels not seen since July.</body></html>","htmlText":"<html><head></head><body> <a data-mention-id=\"AMD\" class=\"teditor-mention\" data-mention-name=\"Advanced Micro Devices\" href=\"https://ttm.financial/S/AMD\">$Advanced Micro Devices(AMD)$</a> <v-v data-views=\"1\"></v-v>AMD)&nbsp;have taken a step back on the charts. Down 2.1% over the last nine months and 4.4% this quarter, AMD is looking for a blessing after its most recent rally lost steam in the $175 area. Last seen 0.2% higher at $156.89, the chip stock is now trading near a historically bullish trendline that could help it reclaim lost ground over the next month.According to a study from Schaeffer's Senior Quantitative Analyst Rocky White, Advanced Micro Devices stock is trading within one standard deviation of its 260-day moving average. Per White's data, four similar signals occurred in the past three years, and AMD was higher one month after three of those occurrences, averaging a massive 18.6% 21-day gain. A similar move from the stock's current perch would put it at around $186, or levels not seen since July.</body></html>","text":"$Advanced Micro Devices(AMD)$ AMD) have taken a step back on the charts. Down 2.1% over the last nine months and 4.4% this quarter, AMD is looking for a blessing after its most recent rally lost steam in the $175 area. Last seen 0.2% higher at $156.89, the chip stock is now trading near a historically bullish trendline that could help it reclaim lost ground over the next month. According to a study from Schaeffer's Senior Quantitative Analyst Rocky White, Advanced Micro Devices stock is trading within one standard deviation of its 260-day moving average. Per White's data, four similar signals occurred in the past three years, and AMD was higher one month after three of those occurrences, averaging a massive 18.6% 21-day gain. A similar move from the stock's current perch would put it at around $186, or levels not seen since July.","highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/361081424916528","repostId":0,"isVote":1,"tweetType":1,"viewCount":397,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":["AMD"],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":699,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/361081424916528"}