Applied Materials, Inc. (AMAT) Stock: What Does the Chart Say Thursday?

Applied Materials, Inc. (AMAT) stock is down 1.27% over the past week and gets a Bullish rating from InvestorsObserver Sentiment Indicator.

Applied Materials, Inc. has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on AMAT!

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What is Stock Sentiment?

When making investment decisions, sentiment gives a good overview of what stocks investors currently favor. Sentiment incorporates short-term technical analysis into its score and does not encompass any fundamental analysis such as profitability of the company. This means that earnings updates and other news can greatly impact overall sentiment. Recent trends are a good indicator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive. InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend. Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .

What's Happening With AMAT Stock Today?

Applied Materials, Inc. (AMAT) stock has fallen -3% while the S&P 500 has risen 1.57% as of 12:51 PM on Thursday, Dec 2. AMAT is lower by -$4.55 from the previous closing price of $151.67 on volume of 5,005,530 shares. Over the past year the S&P 500 is higher by 25.16% while AMAT has risen 74.58%. AMAT earned $6.41 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 22.97.

More About Applied Materials, Inc.

Applied Materials is the world's largest supplier of semiconductor manufacturing equipment, providing materials engineering solutions to help make nearly every chip in the world. The firm's systems are used in nearly every major process step with the exception of lithography. Key tools include those for chemical and physical vapor deposition, etching, chemical mechanical polishing, wafer- and reticle-inspection, critical dimension measurement, and defect-inspection scanning electron microscopes. Click Here to get the full Stock Report for Applied Materials, Inc. stock.