Want to know the current price of AMD and what will happen to AMD stock next? On this page, we share the latest news about AMD and give advice on buying stocks or even selling them. You will also be able to view the latest AMD stock forecast for January 2022 from our experts.
Should you buy or sell AMD stock today? To what levels can stocks rise during January 2022? How much will AMD stock cost? We have been making forecasts of exchange rates for a long time, and we can also predict the behavior of the stock market using technical analysis and simple indicators.
We also take into account technical, fundamental analysis of stocks, news background, general geopolitical situation in the world and other, smaller factors. The stock forecasts indicate the target levels for AMD shares, both ascending and likely to fall.
AMD stock forecast for January 2022
AMD quotes continue to move within the correction and the bullish channel. Here, the “Head and Shoulders” pattern is formed, a breakdown of which will indicate a strong rise in price. Moving averages indicate a short-term uptrend in AMD. Prices broke down the area between the signal lines, which indicates pressure from the sellers of securities and potentially a continuation of the fall in the near future. At the time of publication of the forecast, the share price is $ 141.99 per share for AMD. As part of the forecast for the price of securities, we should expect an attempt to continue the development of the correction and test the support level near the area of 135.00. Further, an upward rebound and a continuation of the rise in the value of securities. The potential target of such a movement is the area above the level of 180.05 already in January 2022.
An additional signal in favor of raising AMD quotes will be a test of the trend line on the relative strength index (RSI). The second signal will be a rebound from the lower border of the “Head and Shoulders” reversal pattern. Cancellation of the growth option for AMD stock prices will be a fall and a breakdown of the level of 125.05. This will indicate a breakdown of the support area and continued fall into the area at the level of 105.05. Expect an acceleration of the rise in stocks with a breakdown of the resistance area and closing above the level of 160.55, which will indicate a breakdown of the “Neck” line of the “Head and Shoulders” reversal pattern and the beginning of the development of the pattern with targets at the top.
AMD stock forecast for January 2022 implies the development of a correction in securities and a test of the support area near the 135.00 level. Where can we expect a rebound and an attempt to continue the rise of shares to the area above the level of 180.05. A test of the trend line on the relative strength index (RSI) will be in favor of the growth of securities. Cancellation of the option to raise AMD will be a fall and a breakdown of the level of 125.05. This will indicate a breakdown of support and a continued fall in value to the area below the level of 105.05.
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