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'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