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Archive
- 1/10/2025 -
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Applied Materials (AMAT) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :
Move cursor over the icon to see details.
| | It was a third positive week after 4 consecutive negative weeks for the Applied Materials (AMAT). During the week, the AMAT gained 1.80 points, or 1.06%, and closed at 171.90 on Friday, January 10, 2025. AMAT was trading at average weekly trading volume.
AMAT is a member of Information Technology Sector. Information Technology is the most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
 Long-term trend: [See AMAT long-term trend chart]
A long-term uptrend had started on November 21, 2008 at 7.80 and reached 255.89 on July 10, 2024. AMAT gained -248.09 points, or -3180.64%, in 815 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The uptrend resistance line (37.39) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a long-term trend.
 Medium-term trend: [See AMAT medium-term trend chart]
A medium-term downtrend had started on July 10, 2024 at 255.89 and reached 159.00 on December 20, 2024. AMAT lost 96.89 points, or 37.86%, in 23 weeks. The price is now at the 13.31% retracement level.
 Weekly Technical Indicators: [See AMAT weekly technical indicators chart]
Weekly Lane's Stochastic is oversold. Use the Technical Stock Screener to see the list of stocks with weekly oversold Lane's Stochastic. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Lane's Stochastic help.
The weekly MACD line is below its signal line since July 19, 2024. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current medium-term downtrend is getting weak. Use the following link to access a MACD help.
 Short-term trend: [See AMAT short-term trend chart]
A short-term uptrend had started on December 20, 2024 at 159.00 and reached 181.80 on January 7, 2025. AMAT gained -22.80 points, or -14.34%, in 18 days. The chart has formed a Broadening Ascending Wedge chart pattern.
 Daily Technical Indicators: [See AMAT daily technical indicators chart]
Daily technical indicators are neutral.
The daily MACD line is above its signal line since December 24, 2024. This is an indication that the short-term trend is up.
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| Daily Oscillators |
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| Weekly Oscillators |
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| Trading
Signals |
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| Sector and
Industry |
| Description |
Name |
Rank |
| Sector |
Information Technology |
9 |
| Industry |
Semiconductor Equipment |
42 |
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| Daily Trend |
| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Broadening Ascending Wedge |
| Low |
159.00 |
| Low Date |
12/20/2024 |
| High |
181.80 |
| High Date |
01/07/2025 |
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| Weekly Trend |
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| Description |
Value |
| Direction |
Down |
| Chart Pattern |
DownTrend |
| Status |
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| Resistance |
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| Support |
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| High |
215.70 |
| High Date |
10/15/2024 |
| Low |
159.00 |
| Low Date |
12/20/2024 |
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| Description |
Value |
| Direction |
Down |
| Chart Pattern |
DownTrend |
| Status |
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| Resistance |
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| Support |
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| High |
255.89 |
| High Date |
07/10/2024 |
| Low |
159.00 |
| Low Date |
12/20/2024 |
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| Quarterly Trend |
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| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Uptrend |
| Status |
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| Resistance |
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| Support |
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| Low |
71.12 |
| Low Date |
10/13/2022 |
| High |
255.89 |
| High Date |
07/10/2024 |
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| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Broadening Ascending Wedge |
| Status |
Broken Resistance |
| Resistance |
100.02 |
| Support |
37.39 |
| Low |
7.80 |
| Low Date |
11/21/2008 |
| High |
255.89 |
| High Date |
07/10/2024 |
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