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Archive - 8/28/2026 - 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 -7.67 points, or -1.62%, and closed at 465.58 on Friday, August 28, 2026. Weekly volume was -59% 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 584.73 on June 30, 2026. AMD gained -582.92 points, or -32205.52%, in 710 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The uptrend resistance line (92.80) 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 AMD medium-term trend chart] A medium-term uptrend had started on April 8, 2025 at 76.48 and reached 584.73 on June 30, 2026. AMD gained -508.25 points, or -664.55%, in 64 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 255.70 and resistance is at 659.15. 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 AMD weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is below its signal line since July 31, 2026. 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 June 30, 2026 at 584.73 and reached 424.03 on July 29, 2026. AMD lost 160.70 points, or 27.48%, in 29 days. The chart has formed a Symmetric Triangle chart pattern. The downtrend support line (519.80) is broken. Usually a broken support is considered to be a long-term bearish 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 support 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 August 27, 2026. This is an indication that the short-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term downtrend is getting weak.
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