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Semiconductor Equipment Industry Stocks Technical Analysis - AMAT

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- 5/22/2026 -
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Applied Materials (AMAT) Technical Analysis

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Summary:
Weekly :Overbought sectorBroken uptrend resistance line - uptrend exhaustionLane's Stochastic is overboughtWilliams' Percentage Range is strongly overbought
Daily :Williams' Percentage Range is overboughtStochastic signal line moved below overbought areaDaily  MACD line has moved below its signal lineThe price has fallen below the Parabolic SAR
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It was the negative week for the Applied Materials (AMAT). During the week, the AMAT dropped -4.46 points, or -1.02%, and closed at 432.16 on Friday, May 22, 2026. Weekly volume was -8% below average.

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 448.45 on May 11, 2026. AMAT gained -440.65 points, or -5649.36%, in 911 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The uptrend resistance line (71.72) is broken, while daily and weekly technical indicators are overbought. Uptrend is exhausted and trend reversal is possible soon. 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 uptrend had started on September 3, 2025 at 154.47 and reached 448.45 on May 11, 2026. AMAT gained -293.98 points, or -190.32%, in 35 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 383.26 and resistance is at 512.69. 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 medium-term trend.

Weekly Technical Indicators: [See AMAT weekly technical indicators chart]
Weekly Lane's Stochastic is overbought while Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Lane's Stochastic or strongly overbought weekly 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 links to access Lane's Stochastic and Williams' Percentage Range help.

The weekly MACD line is above its signal line since September 19, 2025. This is an indication that the medium-term trend is up. 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 March 9, 2026 at 316.66 and reached 448.45 on May 11, 2026. AMAT gained -131.79 points, or -41.62%, in 63 days. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 330.90 and resistance is at 467.12. 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 short-term trend.

Daily Technical Indicators: [See AMAT daily technical indicators chart]
Daily Williams' Percentage Range is overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Williams' Percentage Range. During the last week, daily Lane's Stochastic signal line (%D) has moved below overbought area. Such crossover is considered a bearish signal.

During the last week, daily MACD line has moved below its signal line. Such crossover is considered a bearish signal.

During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 62.07
Williams' Percentage Range (W%R) 19.80
Overbought
Lane's Stochastic (%D-Slow) 44.20
Greed/Fear Indicator (GFI) 62.17
Moving Average Converg./Diverg. (MACD) 12.49
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 63.40
Williams' Percentage Range (W%R) 7.30
Strong Overbought
Lane's Stochastic (%D-Slow) 83.83
Overbought
Greed/Fear Indicator (GFI) 77.19
Moving Average Converg./Diverg. (MACD) 41.19
Trading Signals
Description Value Chart
Monthly Trendline Resistance 512.69
Weekly Trendline Resistance 467.12
Upper Bollinger Band 456.43
Parabolic System 441.14
Price 432.16
Weekly Stochastic Crossing 425.78
Daily Stochastic Crossing 423.32
20 Day Moving Average 416.22
50 Day Moving Average 388.98
Monthly Trendline Support 383.26
Lower Bollinger Band 377.00
Sector and Industry
Description Name Rank
Sector Information Technology 10
Industry Semiconductor Equipment 119
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 448.45
High Date 05/11/2026
Low 397.37
Low Date 05/19/2026
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Valid
Resistance 467.12
Support 330.90
Low 316.66
Low Date 03/09/2026
High 448.45
High Date 05/11/2026
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Valid
Resistance 512.69
Support 383.26
Low 154.47
Low Date 09/03/2025
High 448.45
High Date 05/11/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 123.70
Low Date 04/07/2025
High 448.45
High Date 05/11/2026
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Broken Resistance
Resistance 284.53
Support 71.72
Low 7.80
Low Date 11/21/2008
High 448.45
High Date 05/11/2026
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.