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AMAT Stock: Right opportunity to invest? [2023] - Chart Analysis & Forecast
By Arpi Sinha
Jan 16, 2023
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Applied Materials, Inc.
Applied Materials, Inc., incorporated in 1967, is an American semiconductor & display solutions company headquartered in Santa Clara, California.
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AMAT stock, a company with a market cap of 92.83B, has a 52-week price range of $71.12 - $165.89.
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AMAT Stock Price Today
The Applied Materials stock is currently closed at $109.97, down 0.21% on January 13.
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Stock Chart
AMAT share price trend is neutral on the monthly chart. A January close above $120 could be positive for the stock.
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On the weekly chart, AMAT stock recently took support at 200-EMA and continued to maintain an uptrend. Keep an eye on Bolling
er Bands.
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AMAT stock is also bullish on the daily chart and is not showing any major downside (up to $102).
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AMAT Stock Forecast 2023
According to the stock calculator, the volatility of AMAT stock price for 2023 is expected to be 1.136.
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During Uptrend
Only on a move above $114, Stock could move to 131-161.36-225.80-388.88.
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During Downtrend
Only on downside below $87, Applied Materials stock could move to 76-62-44.
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AMAT stock has no trading zone between 87-114. That is, buying or selling between these levels should be avoided.
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As ANET share price is trading in the range of 87 to 114. Hence the stock is not in buy or sell.
AMAT Stock: Right opportunity to invest?
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The strict stoploss level to buy or sell is $100. Each level can act as support or resistance. Please keep this in mind.
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Thanks for Watching
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