AMD returns higher - Analysis - 18-01-2021

Economies.com
2022-01-18 11:12AM UTC

AMD's stock returned higher with a 3.12% surge in the last session, while trading alongside the main upward short-term trend, with positive signals from the RSI, settling thereafter at 136.88, while countered with negative pressure from the 50-day SMA.

 

Therefore we expect more gains for the stock, targeting the pivotal resistance of 164.40, provided the support of 130.00 holds on.

 

Expected trend for today: Bullish

Stocks Technical Analysis

United States Analysis

Stocks

CVS price climbs cautiously - Forecast today - 28-03-2024
2024-03-28 11:18AM UTC
CVS Health Corporation Stock Analysis CVS Health Corporation’s stock price edged up in the ...
United States Analysis

Stocks

eBay price starts recovering - Forecast today - 28-03-2024
2024-03-28 11:17AM UTC
eBay Stock Analysis eBay’s stock price rose in the intraday levels amid the dominance of the ...
United States Analysis

Stocks

Taiwan Semiconductor price seeks a bottom to boost it higher - 28-03-2024
2024-03-28 11:17AM UTC
Taiwan Semiconductor Stock Analysis Taiwan Semiconductor’s stock price (TSM) fell in the ...