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Is Advanced Micro Devices, Inc. (AMD) Stock About to Get Hot Monday?

Monday, December 05, 2022 11:20 AM | InvestorsObserver Analysts

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Is Advanced Micro Devices, Inc. (AMD) Stock About to Get Hot Monday?

Overall market sentiment has been down on Advanced Micro Devices, Inc. (AMD) stock lately. AMD receives a Bearish rating from InvestorsObserver Stock Sentiment Indicator.

Sentiment Score - ,bearish
Advanced Micro Devices, Inc. has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on AMD!

What is Stock Sentiment?

Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score. As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend. Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish. InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion. For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.

What's Happening With AMD Stock Today?

Advanced Micro Devices, Inc. (AMD) stock is trading at $74.58 as of 11:13 AM on Monday, Dec 5, a drop of -$0.41, or -0.54% from the previous closing price of $74.98. The stock has traded between $73.66 and $75.17 so far today. Volume today is less active than usual. So far 14,888,869 shares have traded compared to average volume of 79,274,721 shares.

More About Advanced Micro Devices, Inc.

For more than 50 years AMD has driven innovation in high-performance computing, graphics and visualization technologies - the building blocks for gaming, immersive platforms and the data center. Hundreds of millions of consumers, leading Fortune 500 businesses and cutting-edge scientific research facilities around the world rely on AMD technology daily to improve how they live, work and play. AMD employees around the world are focused on building great products that push the boundaries of what is possible. Click Here to get the full Stock Report for Advanced Micro Devices, Inc. stock.

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