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Adv Micro Device (AMD) Breaks Through Resistance at $26.15

By Amy Schwartz

Adv Micro Device (NASDAQ:AMD) has opened bullishly above the pivot of $25.35 today and has reached the first level of resistance at $26.15. Investors may be interested in a cross of the next upside pivot targets of $27.00 and $28.65.

Potential upside of 0.0% exists for Adv Micro Device, based on a current level of $0.00 and analysts' average consensus price target of $14.21. The stock should run into initial resistance at its 200-day moving average (MA) of $16.19 and subsequent resistance at its 50-day MA of $25.99.

Adv Micro Device share prices have moved between a 52-week high of $34.14 and the current low of $0.00 and are currently at $0.00 per share. Over the last five market days, the 200-day moving average (MA) has gone up 1.9% while the 50-day MA has advanced 2.3%.

SmarTrend is monitoring the recent change of momentum in Adv Micro Device. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Adv Micro Device in search of a potential trend change.

Keywords: pivot alerts adv micro device

Ticker(s): AMD