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- 10/16/2026 -
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Advanced Micro Devices (AMD) Technical Analysis

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Summary:
Weekly :Overbought sectorLane's Stochastic is overboughtLane's Stochastic and MACD bearish divergenceBroken trend resistance line
Daily :The price is below the lower Bollinger BandWilliams' Percentage Range and Lane's Stochastic are oversoldPrice has crossed below the 50 Day Moving Average
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It was the negative week for the Advanced Micro Devices (AMD). During the week, the AMD dropped -79.35 points, or -13.05%, and closed at 528.75 on Friday, October 16, 2026. Weekly volume was -39% below average.

AMD 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 AMD long-term trend chart]
A long-term uptrend had started on November 16, 2012 at 1.81 and reached 658.52 on October 6, 2026. AMD gained -656.71 points, or -36282.32%, in 724 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The uptrend resistance line (94.22) 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 658.52 on October 6, 2026. AMD gained -582.04 points, or -761.04%, in 78 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 291.70 and resistance is at 721.51. 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 Lane's Stochastic is overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Lane's Stochastic. Weekly Lane's Stochastic and MACD have bearish divergence. Use the following links to access the Lane's Stochastic and MACD help, or use the Technical Stock Screener to see the list of stocks with weekly Lane's Stochastic and MACD bearish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading 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 25, 2026. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current medium-term uptrend is getting weak. Use the following link to access a MACD help.

Short-term trend: [See AMD short-term trend chart]
A short-term uptrend had started on July 29, 2026 at 424.03 and reached 658.52 on October 6, 2026. AMD gained -234.49 points, or -55.30%, in 69 days. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 459.50 and resistance is at 681.86. 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 AMD daily technical indicators chart]
Daily Williams' Percentage Range and Lane's Stochastic are oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Williams' Percentage Range and Lane's Stochastic. Use the following link to access Williams' Percentage Range help.

The daily MACD line is below its signal line since October 8, 2026. The distance between MACD and the signal line is near its high and getting bigger.

The price has closed on Friday below the lower Bollinger Band. It is considered a bearish signal. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.

During the last week, the price has crossed below the 50 Day Moving Average. While the medium-term trend is up and daily technical indicators are oversold, the 50 Day Moving Average is considered a support level. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 29.15
Williams' Percentage Range (W%R) 84.30
Oversold
Lane's Stochastic (%D-Slow) 16.22
Oversold
Greed/Fear Indicator (GFI) 20.37
Moving Average Converg./Diverg. (MACD) 21.93
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 47.05
Williams' Percentage Range (W%R) 47.30
Lane's Stochastic (%D-Slow) 81.05
Overbought Bearish
Greed/Fear Indicator (GFI) 61.05
Moving Average Converg./Diverg. (MACD) 63.14 Bearish
Trading Signals
Description Value Chart
Upper Bollinger Band 641.33
Weekly Stochastic Crossing 623.13
20 Day Moving Average 610.40
Parabolic System 604.76
Monthly Trendline Support 553.50
Daily Stochastic Crossing 548.24
50 Day Moving Average 537.14
Lower Bollinger Band 529.01
Price 528.75
Weekly Trendline Support 459.50
Sector and Industry
Description Name Rank
Sector Information Technology 9
Industry Semiconductors 78
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 658.52
High Date 10/06/2026
Low 526.83
Low Date 10/16/2026
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Valid
Resistance 681.86
Support 459.50
Low 424.03
Low Date 07/29/2026
High 658.52
High Date 10/06/2026
Description Value
Direction Up
Chart Pattern Rising Wedge
Status Broken Support
Resistance 667.20
Support 553.50
Low 188.22
Low Date 03/03/2026
High 658.52
High Date 10/06/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Valid
Resistance 721.51
Support 291.70
Low 76.48
Low Date 04/08/2025
High 658.52
High Date 10/06/2026
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Broken Resistance
Resistance 299.40
Support 94.22
Low 1.81
Low Date 11/16/2012
High 658.52
High Date 10/06/2026
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.