AMD 2020-09-24 Technical Analysis and Forecast


AMD Report

Sample Size: 8; Percent Error: 5%

Current Trend Performance

AMD is -21.58% from monthly high, 30.97% from monthly low, -1.21% from 10 day simple moving average, -6.06% from 20 day simple moving average, and -2.53% from 50 day simple moving average. 

Forecast Ranges

Day 1:
The highs are 83.55, the lows are 61.97, and the median is 72.76. 50.0% to decrease between -24.14% - 0%. 50.0% to increase between 0% - 24.14%.
Day 2:
The highs are 84.69, the lows are 54.92, and the median is 69.81. 12.5% to decrease between -48.28% - -24.14%. 37.5% to decrease between -24.14% - 0%. 50.0% to increase between 0% - 24.14%.
Day 3:
The highs are 86.05, the lows are 51.41, and the median is 68.73. 12.5% to decrease between -48.28% - -24.14%. 25.0% to decrease between -24.14% - 0%. 62.5% to increase between 0% - 24.14%.
Day 4:
The highs are 85.8, the lows are 52.95, and the median is 69.38. 12.5% to decrease between -48.28% - -24.14%. 25.0% to decrease between -24.14% - 0%. 62.5% to increase between 0% - 24.14%.
Day 5:
The highs are 93.53, the lows are 49.16, and the median is 71.34. 25.0% to decrease between -48.28% - -24.14%. 75.0% to increase between 0% - 24.14%.
Day 6:
The highs are 91.59, the lows are 42.11, and the median is 66.85. 12.5% to decrease between -48.28% - -24.14%. 12.5% to decrease between -24.14% - 0%. 75.0% to increase between 0% - 24.14%.
Day 7:
The highs are 93.1, the lows are 38.6, and the median is 65.85. 12.5% to decrease between -72.42% - -48.28%. 12.5% to decrease between -24.14% - 0%. 75.0% to increase between 0% - 24.14%.

Summary

SMA: Simple Moving Average

In next 5 days, there is possible support range between 57.52, because of monthly low, and 71.24, because of 50 day SMA. There is possible resistance range between 89.55, because of monthly high, and 94.12, because of monthly high. Areas of uncertainty are beyond 47.11 and beyond 99.8. Minimum movement range is 24.14%.

Research conducted with Nforecast.

This is not a recommendation to buy, sell, or hold. This research is for educational, informational, and entertainment purposes. You should not construe any data or information presented by members on this blog or Nforecast LLC as investment, tax, legal, financial or other advice.