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LLift-Off, with the close on April 10, detected a LONG trading signal on the stock of NASDAQ-listed Advanced Micro Devices Inc (Ticker: amd), part of the S&P500 and NASDAQ index.
The stock closed at US$95.48 per share.
The signal formation originates at the bottom of Lift-Off, acting as support and allowing the price to return from the top. The green band, which is located before the signal, showed a lack of movement as volatility deviations had narrowed, indicating a lack of momentum in price. However, there is still room up to the upper deviation that can be exploited.
Below chart of Advanced Micro Devices Inc - AMD - with the signal detected by Lift-Off.
AMD Company Profile
AMD (Advanced Micro Devices) is a U.S. company that manufactures and develops processors, graphics cards, chipsets, and other components for the computer industry. Founded in 1969, AMD is one of Intel's main rivals in the PC and server microprocessor market. AMD is known for its x86 and x86-64 architectures, such as Athlon, Phenom, Ryzen and Epyc, and its Radeon graphics solutions, based on ATI technologies acquired in 2006. AMD also has a presence in embedded processors, systems-on-chip (SoC) and gaming consoles, providing chips for PlayStation 4, PlayStation 5, Xbox One and Xbox Series X/S. AMD is headquartered in Santa Clara, California, and has about 12,000 employees worldwide.
Next earnings release for Q1 2023: May 2, 2023
Financial Overview: AMD's current market capitalization is USD 153,855B. Advanced Micro Devices Inc's next earnings release date is May 2. The estimate is US$0.57.
Accounts, including revenue, expenses, profit and loss: AMD's total revenue for the latest quarter is US$5.60B, up 0.61% from the previous quarter. Net income in Q4 22 is 21.00M USD.
Overview data and accounts source: Tradingview.com
Signal board of April 11, 2023
LONG - Advanced Micro Devices Inc - AMD
Input price: 95.48 USD (and any opening price)
Please note that the signal chosen was identified from those detected by the Lift-Off indicator, which you can view in the "Signals" section of our website. However, we will NOT provide any guidance on how to handle the trade.
We recommend that you handle the trades as shown during our professional courses on using the platform, available at the following link: https://it.largetrader.com/eventi