Trading Report for Applied Materials AMAT With Buy and Sell Signals

Source: Stock Traders Daily

Technical Summary

Term →Near Mid Long
Bias Neutral Strong Strong
P1 0 0 117.87
P2 134.46 135.88 133.05
P3 137.29 138.99 149.17

This report was produced using AI developed by Stock Traders Daily.  Over the past 20 years this proprietary AI has been refined to help identify the most opportune trading strategies for both individual stocks and the stock markets themselves.  This methodology is also applied to Index options, ETFs, and futures.  The objective of this specific report is to optimize trading in Applied Materials (NASDAQ: AMAT) while incorporating prudent risk controls. 

Warning: This is a static report, and the data was valid at the time of the publication, but support and resistance levels for AMAT change over time, and the report should be updated regularly.  Real Time updates are provided to subscribers.  Unlimited Real Time Reports.

Subscribers also receive market analysis, stock correlation tools, macroeconomic observations, timing tools, and protection from market crashes using Evitar Corte. 

Instructions: The rules that govern the data in this report are the rules of Technical Analysis.  For example, if AMAT is testing support buy signals surface, and resistance is the target.  Conversely, if resistance is being tested, that is a sign to control risk or short, and support would be the downside target accordingly.  In each case, the trigger point is designed to be both an ideal place to enter a position (avoid trading in the middle of a trading channel), and it acts as a level of risk control too.

This data is further refined to differentiate trading plans for Day Trading AMAT, Swing Trading AMAT, and Long Term Investing plans for AMAT too.

Longer Term Trading Plans for AMAT

June 11, 2021, 2:15 am ET

Our Longer Term Plans for AMAT help you determine where to buy, sell, short, and set risk controls. Use this in conjunction with our Longer Term Market Analysis to go with the flow of the market as well. Going with the flow is extremely important, so review our Market Analysis and see how it helps you work with this AMAT Report.

AMAT - (Long) Support Plan

Buy over 133.05 target 149.17 stop loss @ 132.67

The technical summary data tells us to buy AMAT near 133.05 with an upside target of 149.17. This data also tells us to set a stop loss @ 132.67 to protect against excessive loss in case the stock begins to move against the trade. 133.05 is the first level of support below 137.16 , and by rule, any test of support is a buy signal. In this case, support 133.05 is being tested, a buy signal would exist.

AMAT - (Short) Resistance Plan

Short under 149.17, target 133.05, stop loss @ 149.6

The technical summary data is suggesting a short of AMAT as it gets near 149.17 with a downside target of 133.05. We should have a stop loss in place at 149.6though. 149.17 is the first level of resistance above 137.16, and by rule, any test of resistance is a short signal. In this case, if resistance 149.17 is being tested, a short signal would exist.


AMAT Long Term Analysis for June 11 2021

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Swing Trading Plans for AMAT

June 11, 2021, 2:15 am ET

Our Swing Trading Plans for AMAT help you determine where to buy, sell, short, and set risk controls. Use this in conjunction with our Swing Trading Market Analysis to go with the flow of the market as well. Going with the flow is extremely important, so review our Market Analysis and see how it helps you work with this AMAT Report.

AMAT - (Long) Support Plan

Buy over 138.99, target 149.17, Stop Loss @ 138.59

If 138.99 begins to break higher, the technical summary data tells us to buy AMAT just over 138.99, with an upside target of 149.17. The data also tells us to set a stop loss @ 138.59 in case the stock turns against the trade. 138.99 is the first level of resistance above 137.16, and by rule, any break above resistance is a buy signal. In this case, 138.99, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

AMAT - (Short) Resistance Plan

Short near 138.99, target 135.88, Stop Loss @ 139.39.

The technical summary data is suggesting a short of AMAT if it tests 138.99 with a downside target of 135.88. We should have a stop loss in place at 139.39 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 138.99, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.


AMAT Swing Trading Analysis for June 11 2021

Day Trading Plans for AMAT

June 11, 2021, 2:15 am ET

Our Day Trading Plans for AMAT help you determine where to buy, sell, short, and set risk controls. Use this in conjunction with our Day Trading Market Analysis to go with the flow of the market as well. Going with the flow is extremely important, so review our Market Analysis and see how it helps you work with this AMAT Report.

AMAT - (Long) Support Plan

Buy over 137.29, target 138.99, Stop Loss @ 136.97

If 137.29 begins to break higher, the technical summary data tells us to buy AMAT just over 137.29, with an upside target of 138.99. The data also tells us to set a stop loss @ 136.97 in case the stock turns against the trade. 137.29 is the first level of resistance above 137.16, and by rule, any break above resistance is a buy signal. In this case, 137.29, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

AMAT - (Short) Resistance Plan

Short near 137.29, target 135.88, Stop Loss @ 137.61.

The technical summary data is suggesting a short of AMAT if it tests 137.29 with a downside target of 135.88. We should have a stop loss in place at 137.61 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 137.29, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.


AMAT Day Trading Analysis for June 11 2021