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Archive - 3/13/2026 - Sign In to see current Signals. |
Applied Materials (AMAT) Technical Analysis
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| Summary:
| | Weekly :   | | Daily : Move cursor over the icon to see details.
| | It was a first positive week for the Applied Materials (AMAT). During the week, the AMAT gained 16.79 points, or 5.17%, and closed at 341.53 on Friday, March 13, 2026. Weekly volume was -19% below average. AMAT 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 AMAT long-term trend chart] A long-term uptrend had started on April 7, 2025 at 123.70 and reached 395.95 on February 25, 2026. AMAT gained -272.25 points, or -220.09%, in 46 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The uptrend resistance line (230.28) 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 uptrend had started on September 3, 2025 at 154.47 and reached 395.95 on February 25, 2026. AMAT gained -241.48 points, or -156.33%, in 25 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 309.04 and resistance is at 415.08. 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 technical indicators are neutral. 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 link to access Lane's Stochastic 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 downtrend had started on February 25, 2026 at 395.95 and reached 316.66 on March 9, 2026. AMAT lost 79.29 points, or 20.03%, in 12 days. The price is now at the 31.37% retracement level.
Daily Technical Indicators: [See AMAT daily technical indicators chart] Daily technical indicators are neutral. During the last week, daily Lane's Stochastic main line (%K) has rallied above the oversold signal line (%D). Such crossover is considered a bullish signal. The daily MACD line is below its signal line since March 2, 2026. 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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