Advanced Micro Devices Inc (AMD) “On a long-term technical basis, the stock (AMD) is trading above its 200-day moving average which implies it is in a positive trend.

The stock has support at 52.81 and 48.40. If the stock breaks down through support at 52.81 then it will probably continue lower to 48.40. The stock will meet resistance at 59.27 and 66.68. If the stock breaks up through resistance at 59.27 then it will probably continue higher to 66.68. The 200-day moving average is at 39.87. This will also act as support. The stock is extremely overbought according to the Stochastic Indicator (84.66), so look for a possible pullback soon. Confirm this with the Short-Term and Daily Opinion to keep from exiting prematurely.”

Advanced Micro Devices Inc (AMD) “On a long-term technical basis, the stock (AMD) is trading above its 200-day moving average which implies it is in a positive trend.

The stock has support at 52.81 and 48.29. If the stock breaks down through support at 52.81 then it will probably continue lower to 48.29. The stock will meet resistance at 59.27 and 66.68. If the stock breaks up through resistance at 59.27 then it will probably continue higher to 66.68. The 200-day moving average is at 39.62. This will also act as support. The stock is extremely overbought according to the Stochastic Indicator (87.74), so look for a possible pullback soon. Confirm this with the Short-Term and Daily Opinion to keep from exiting prematurely.”

Advanced Micro Devices Inc (AMD) “On a long-term technical basis, the stock (AMD) is trading above its 200-day moving average which implies it is in a positive trend.

The stock has support at 52.81 and 48.07. If the stock breaks down through support at 52.81 then it will probably continue lower to 48.07. The stock will meet resistance at 59.27 and 66.68. If the stock breaks up through resistance at 59.27 then it will probably continue higher to 66.68. The 200-day moving average is at 39.39. This will also act as support. The stock is extremely overbought according to the Stochastic Indicator (92.41).”

Advanced Micro Devices Inc (AMD) “On a long-term technical basis, the stock (AMD) is trading above its 200-day moving average which implies it is in a positive trend.

The stock has support at 52.81 and 48.07. If the stock breaks down through support at 52.81 then it will probably continue lower to 48.07. The stock will meet resistance at 59.27 and 66.68. If the stock breaks up through resistance at 59.27 then it will probably continue higher to 66.68. The 200-day moving average is at 39.39. This will also act as support. The stock is extremely overbought according to the Stochastic Indicator (92.41).”

Advanced Micro Devices Inc (AMD) “On a long-term technical basis, the stock (AMD) is trading above its 200-day moving average which implies it is in a positive trend.

The stock has support at 52.81 and 47.79. If the stock breaks down through support at 52.81 then it will probably continue lower to 47.79. The stock will meet resistance at 59.27 and 66.68. If the stock breaks up through resistance at 59.27 then it will probably continue higher to 66.68. The 200-day moving average is at 39.13. This will also act as support. The stock is extremely overbought according to the Stochastic Indicator (90.59).”

Advanced Micro Devices Inc (AMD) “On a long-term technical basis, the stock (AMD) is trading above its 200-day moving average which implies it is in a positive trend. However, the stock has recently broken through an important trendline at 50.57 suggesting the next support level is at 47.45. This weakness suggests the long-term trend is turning neutral.

The stock has support at 47.45 and 41.79. If the stock breaks down through support at 47.45 then it will probably continue lower to 41.79. The stock will meet resistance at 50.57 and 59.27. If the stock breaks up through resistance at 50.57 then it will probably continue higher to 59.27. The 200-day moving average is at 38.77. This will also act as support. The stock is extremely overbought according to the Stochastic Indicator (79.49).”

Advanced Micro Devices Inc (AMD) “On a long-term technical basis, the stock (AMD) is trading above its 200-day moving average which implies it is in a positive trend. However, the stock has recently broken through an important trendline at 50.46 suggesting the next support level is at 47.43. This weakness suggests the long-term trend is turning neutral.

The stock has support at 47.43 and 41.79. If the stock breaks down through support at 47.43 then it will probably continue lower to 41.79. The stock will meet resistance at 50.46 and 59.27. If the stock breaks up through resistance at 50.46 then it will probably continue higher to 59.27. The 200-day moving average is at 38.68. This will also act as support. The stock is extremely overbought according to the Stochastic Indicator (76.13).”

Advanced Micro Devices Inc (AMD) “On a long-term technical basis, the stock (AMD) is trading above its 200-day moving average which implies it is in a positive trend. However, the stock has broken through an important trendline at 45.52 suggesting the next level of support is 41.79. The long-term uptrend has now turned neutral.

The stock has support at 41.79 and 38.40. If the stock breaks down through support at 41.79 then it will probably continue lower to 38.40. The stock will meet resistance at 45.52 and 50.13. If the stock breaks up through resistance at 45.52 then it will probably continue higher to 50.13. The 200-day moving average is at 38.40. This will also act as support. If the stock closes below 40.92 a negative trend change is probable. Look for the stock to fall to the 200-day moving average at 38.40. The stock is neutral according to the Stochastic Indicator (63.24).”

Advanced Micro Devices Inc (AMD) “On a long-term technical basis, the stock (AMD) is trading above its 200-day moving average which implies it is in a positive trend. However, the stock has broken through an important trendline at 45.35 suggesting the next level of support is 41.79. The long-term uptrend has now turned neutral.

The stock has support at 41.79 and 38.27. If the stock breaks down through support at 41.79 then it will probably continue lower to 38.27. The stock will meet resistance at 45.35 and 47.87. If the stock breaks up through resistance at 45.35 then it will probably continue higher to 47.87. The 200-day moving average is at 38.27. This will also act as support. If the stock closes below 40.79 a negative trend change is probable. Look for the stock to fall to the 200-day moving average at 38.27. The stock is slightly overbought according to the Stochastic Indicator (66.13).”

Advanced Micro Devices Inc (AMD) “On a long-term technical basis, the stock (AMD) is trading above its 200-day moving average which implies it is in a positive trend. However, the stock has recently broken through an important trendline at 48.62 suggesting the next support level is at 46.10. This weakness suggests the long-term trend is turning neutral.

The stock has support at 46.10 and 41.79. If the stock breaks down through support at 46.10 then it will probably continue lower to 41.79. The stock will meet resistance at 48.17 and 52.81. If the stock breaks up through resistance at 48.17 then it will probably continue higher to 52.81. The 200-day moving average is at 38.05. This will also act as support. The stock is neutral according to the Stochastic Indicator (55.31).”