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Adv Micro Device (AMD) Approaches New Downside Target of $12.80

By David Diaz

Adv Micro Device (NASDAQ:AMD) has opened bearishly below the pivot of $13.24 today and has reached the first level of support at $12.99. Analysts will be watching for a cross of the next downside pivot targets of $12.80 and $12.36.

There is potential upside of 0.0% for shares of Adv Micro Device based on a current price of $0.00 and an average consensus analyst price target of $12.97. Adv Micro Device shares should first meet resistance at the 200-day moving average (MA) of $0.00 and find additional resistance at the 50-day MA of $0.00.

In the past 52 weeks, shares of Adv Micro Device have traded between the current low of $0.00 and a high of $15.65 and are now at $0.00. Over the last five market days, the 200-day moving average (MA) has gone down 100% while the 50-day MA has declined 100%.

SmarTrend is tracking the current trend status for Adv Micro Device and will alert subscribers who have AMD in their portfolio or watchlist when shares have changed trend direction.

Keywords: pivot alerts adv micro device

Ticker(s): AMD