| AMAT latest price $49.4950 (3.95%) ($0.0000 - $0.0000) on Wed. Sep. 4, 2019. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.18% (three month average) |
RSI | 63 |
Latest Price | $49.4950(3.95%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | AMAT advances 1.7% a day on average for past five trading days. |
Weekly Trend | AMAT advances 1.1% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support AMAT advance at 0% a week (0% probability) TLT(11%) VIXM(10%) TIP(6%) VXX(6%) VCIT(5%) |
Factors Impacting AMAT price | AMAT will decline at least -1.09% in a week (0% probabilities). INDA(-22%) VYM(-21%) XLP(-20%) SPLV(-20%) SPY(-19%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.09% (StdDev 2.18%) |
Hourly BBV | 0 () |