(Analyze ~ AMD) Trend Interval Evaluation

AMD

AMD, short for Advanced Micro Devices, is an American semiconductor manufacturing company that mainly produces processors, graphics cards and other electronic devices. Here are the trends for AMD:

1. Technological innovation: AMD has made many technological breakthroughs in the field of processors and graphics cards, such as the launch of the first 7nm process processor and the latest RDNA graphics card architecture. These innovations allow AMD to offer higher-performance, lower-power products against rivals Intel and NVIDIA.

2. Market share growth: AMD has gained market share in the processor market in recent years. Its Ryzen series processors are well received, achieving performance and reliability comparable to Intel. This has allowed AMD to achieve some success in the consumer and enterprise markets, increasing its market share.

3. Cloud computing and data center: AMD has also developed in the field of cloud computing and data center. The performance and efficiency of its processors are used by many cloud service providers and data center operators, including Microsoft, Google and Amazon. This allows AMD to compete with Intel in this area and gain some market share.

4. Industry partnerships: AMD has established strategic partnerships with many important partners, such as Microsoft, Apple and Sony. These partnerships provide AMD with more cooperation opportunities and market channels, further increasing the company's influence and competitiveness.

Overall, AMD has achieved positive trends in technology innovation, market share growth, cloud computing and data center development, and industry partnerships. However, it still faces challenges from competitors such as Intel and NVIDIA, and needs to continue to strive to maintain innovation and market share growth.

(1)AMD~ interval evaluation

Channel analysis is a commonly used technical analysis method used to identify price channels where prices form. This analysis method can help investors identify the upper and lower boundaries of market trends and price fluctuations, thereby assisting investment decisions.

The following are the general steps to perform an AMD channel analysis:

1. Determine the time period: select an appropriate time period for analysis, which can be short-term or long-term, and select 2022/6/2 to 2023/8/22 as the interval evaluation area (as shown in Figure 1)

2. Identify price extremes: Find recent highs and lows based on price movements in the selected time period. These highs and lows define the upper and lower rails of the price channel.

3. Draw Channel Lines: Draw a price channel using highs and lows. The upper track keeps the high point, and the lower track keeps the low point. (as picture 2)

(2)AMD~ descending channel

4.The position of the rail on the descending channel shows the effective pressure. When the stock price does not break through the pressure line, the stock price is still in a weak decline area, forming an effective retracement position for judging the peak of the stage.(as shown in Figure 3)

5.The track position on the descending channel shows the effective pressure. When the stock price effectively breaks through the pressure line, and the stock price retreats and does not fall below the pressure line, the formation judgment stage is the starting point, and you can choose to see the bullish trend until then.(as shown in Figure 3)

(3)AMD ~ channel evaluation

6. Determine the direction of the trend: According to the trend of the upper and lower rails of the price channel, determine the current trend direction, whether it is rising, falling or sideways.

7. Observe price regression: When the trend is relatively stable, you can observe whether the price returns up and down in the channel, and whether there is a breakthrough.

The position of the rising channel is determined by connecting the first rising pressure level with the retracement position in the second rising chart to form the upper track position of the rising channel, as shown in the link from 2022/11/15 to 2023/3 Displays the upper rail position of the /23 forming channel,(as shown in Figure 4)

The determination of the track position of the bottom support level through which the rise passes is to take the second lower effective retracement position in the rising chart as the connection line, and pass through the first lower position in the rising chart to form a lower position in the rising. chart. Determined by low orbit position. The position of the lower rail of the ascending channel, as shown in the figure, links from 2023/1/6 to 2023/5/4 to form a connecting line。(as shown in Figure 4)

(4)AMD ~ channel evaluation

8. Formulate trading strategies: According to the characteristics of the channel and the return of the price, formulate corresponding trading strategies, such as selling when the price touches the upper track of the channel, and buying when the price touches the lower track of the channel.

AMD formed an effective support at the lower track position on May 4, 2023, and at the same time formed an effective support at the rising track support level. The intersection of three points forms the trend that the stock starts to rise and starts to rise. The price was bought at 81.22, and the highest rose to 132.83, an increase of 63.5%. This shows the starting point for evaluating the value of this channel.(as shown in Figure 5)

Now look at 2023/8/18, AMD once again retreated to the lower support line of the ascending channel, so 2023/8/18 is the best buying opportunity, from which we can judge that the new stage of AMD's rise has begun, and the effective support below bit at 101.69. When the 101.69 support level does not break through effectively, you can stick to long positions. This is the best opportunity to buy, but if it falls below the lower track effectively, you must avoid risks in time! Once you stand effectively, you can move on to see more.(as shown in Figure 5)

(5)AMD ~ channel evaluation

On August 22, 2023, the closing price of AMD is above 106.88, which will indicate that the stock will have a chance to rise rapidly. If the trend fluctuates between 101.69 and 106.88, the stock will be accumulating energy. Pay attention to the position of the evaluation. Upward breakthroughs can be followed up and bought in time, and falling breakthroughs can enter the market.(as shown in Figure 6)

The purple 123.84 to 106.88 is a parallel shock range, you can buy near the top of 106.88, wait until it is profitable to sell near 123.84, or take a position when 123.84 does not break through the retracement, and sell the position when it is near 106.88, and you can do range band operations Get more profit opportunities.(as shown in Figure 6)

(6)AMD ~ channel evaluation

Please note that channel analysis is an auxiliary means and should be combined with other technical indicators and fundamental analysis for comprehensive judgment. In addition, market changes are uncertain. Investors should carefully assess risks and consider their own investment goals and risk tolerance when formulating trading strategies.

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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.

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Comment18

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  • Cory2
    ·2023-08-23
    TOP
    Nice! I voted oscillating down before a longish bull run. A quick technical analysis shows sideways ‘Bart’ wave action before a slight dip then an upward bullish run. It may coincide with the slight drop of the USD (if it does drop to maybe 98-100ish on the index as I predict).
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    • Weakwater
      Bro, you're so pessimistic. We still need to look at key support.[得意]
      2023-08-23
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  • GoodLife99
    ·2023-08-23
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  • CapybaraNDU
    ·2023-08-23

    Great ariticle, would you like to share it?

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    • Weakwater
      I think so.
      2023-08-23
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  • Vaney2626
    ·2023-08-24
    Great ariticle, would you like to share it?
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  • Jjinc
    ·2023-08-24

    Great ariticle, would you like to share it?

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  • Cat 126
    ·2023-08-24

    Great ariticle, would you like to share it?

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  • Niceguy99
    ·2023-08-23

    Great ariticle, would you like to share it?

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  • Niceguy99
    ·2023-08-23

    Great ariticle, would you like to share it?

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  • SH888
    ·2023-08-24

    Long term is good counter 

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  • SH888
    ·2023-08-23

    Long term should be ok 

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  • SH888
    ·2023-08-23

    Long term should be a good counter

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  • VivianChua
    ·2023-08-23
    will rise💚💚💚
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  • wendytan
    ·2023-08-24
    o
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  • KSR
    ·2023-08-23
    👍
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  • andrew123
    ·2023-08-23
    like
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    • Weakwater
      Ditto.
      2023-08-23
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