American Stocks Analysis

Economies.com provides the latest technical analysis and forecast of the american stocks, in order to keep track of the trend of the US stocks.

AMD tries to garner momentum - Analysis - 06-04-2020

Economies.com
2020-04-06 12:01PM UTC

AMD's stock slid 4.27% in the last session amid negative signals from the RSI, with negative pressure from the 50-day SMA, while gathering momentum to help it rise anew, as the stock trades alongside the main upward long-term trend line. 

 

Therefore we expect the stock to return higher, targeting the first resistance at 46.00 anew. 

 

Expected trend for today: Bullish 

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