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Uptrend Broken SupportArchive - 8/29/2025 - 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 -5.13 points, or -3.06%, and closed at 162.63 on Friday, August 29, 2025. Weekly volume was -6% below average.
Long-term trend: [See AMD long-term trend chart] A long-term uptrend had started on November 16, 2012 at 1.81 and reached 227.30 on March 8, 2024. AMD gained -225.49 points, or -12458.01%, in 590 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 86.94 and resistance is at 268.09. 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 March 8, 2024 at 227.30 and reached 76.48 on April 8, 2025. AMD lost 150.82 points, or 66.35%, in 56 weeks. The chart has formed a Falling Wedge chart pattern. The downtrend resistance line (49.91) is broken. A broken support is considered to be a long-term bullish signal. 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 medium-term trend.
Weekly Technical Indicators: [See AMD weekly technical indicators chart] Weekly Williams' Percentage Range is overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Williams' Percentage Range. During the last week, weekly Lane's Stochastic signal line (%D) has moved below overbought area. Such crossover is considered a bearish signal. 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 links to access Lane's Stochastic and Williams' Percentage Range help. The weekly MACD line is above its signal line since May 2, 2025. 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 August 13, 2025 at 186.65 and reached 158.25 on August 20, 2025. AMD lost 28.40 points, or 15.22%, in 7 days. The price is now at the 15.42% retracement level.
Daily Technical Indicators: [See AMD daily technical indicators chart] Daily technical indicators are neutral. The daily MACD line is below its signal line since August 5, 2025. This is an indication that the short-term trend is down. The distance between MACD and the signal line is relatively high, but getting smaller. It indicates that the current short-term downtrend is still strong, and momentum is beginning to wane.
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