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Next Resistance Level for Adv Micro Device (AMD) is $10.32

By David Diaz

Shares of Adv Micro Device (NASDAQ:AMD) opened today above their pivot of $10.05 and have already reached the first level of resistance at $10.21. Analysts will be watching for a cross of the next upside pivot targets of $10.32 and $10.59.

Adv Micro Device (NASDAQ:AMD) has potential upside of 0.0% based on a current price of $0.00 and analysts' consensus price target of $14.93. 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 past week, the 200-day moving average (MA) has gone down 100% while the 50-day MA has declined 100%.

SmarTrend recommended that its subscribers protect gains by selling shares of Adv Micro Device on March 23rd, 2018 by issuing a Downtrend alert when the shares were trading at $10.77. Since that call, shares of Adv Micro Device have fallen 6.3%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: pivot alerts adv micro device

Ticker(s): AMD