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Archive - 3/6/2026 - Sign In to see current Signals. |
Advanced Micro Devices (AMD) Technical Analysis
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| Summary:
| | Weekly :  | | Daily : Move cursor over the icon to see details.
| | It was the negative week for the Advanced Micro Devices (AMD). During the week, the AMD dropped -7.78 points, or -3.89%, and closed at 192.43 on Friday, March 6, 2026. Weekly volume was -24% below average. AMD is a member of Information Technology Sector. Information Technology is the second most oversold 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 AMD long-term trend chart] A long-term uptrend had started on November 16, 2012 at 1.81 and reached 267.08 on October 29, 2025. AMD gained -265.27 points, or -14655.80%, in 675 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 87.72 and resistance is at 282.31. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a long-term trend.
Medium-term trend: [See AMD medium-term trend chart] A medium-term downtrend had started on October 29, 2025 at 267.08 and reached 188.22 on March 3, 2026. AMD lost 78.86 points, or 29.53%, in 17 weeks. The price is now at the 5.34% retracement level.
Weekly Technical Indicators: [See AMD weekly technical indicators chart] Weekly Williams' Percentage Range is strongly oversold. Use the Technical Stock Screener to see the list of stocks with weekly strongly oversold Williams' Percentage Range. 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 Williams' Percentage Range help. The weekly MACD line is below its signal line since December 5, 2025. This is an indication that the medium-term trend is down. Use the following link to access a MACD help.
Short-term trend: [See AMD short-term trend chart] A short-term downtrend had started on January 23, 2026 at 266.96 and reached 188.22 on March 3, 2026. AMD lost 78.74 points, or 29.50%, in 39 days. The chart has formed a Descending Triangle chart pattern. The trend support level is at 190.06 and resistance is at 204.71. A Descending Triangle is a variation of triangle formation that has a flat support line and falling resistance line. The lower highs indicate the decreasing demand and give the descending triangle definitive bearish bias. A Descending Triangle usually represents a distribution stage in bearish market. A Descending Triangle is considered to be a continuation pattern, especially in a down trend, but it may also mark a reversal in an uptrend. Use the following link to access a Descending Triangle chart pattern help, or use a Technical Stock Screener to see the list of stocks with Descending Triangle pattern in a short-term trend.
Daily Technical Indicators: [See AMD daily technical indicators chart] Daily technical indicators are neutral. The daily MACD line is below its signal line since February 3, 2026. This is an indication that the short-term trend is down. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current short-term downtrend is getting stronger.
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