Applied Materials’s most recent trend suggests a bullish bias. One trading opportunity on Applied Materials is a Bull Put Spread using a strike $138.00 short put and a strike $133.00 long put offers a potential 74.83% return on risk over the next 10 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $138.00 by expiration. The full premium credit of $2.14 would be kept by the premium seller. The risk of $2.86 would be incurred if the stock dropped below the $133.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Applied Materials is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Applied Materials is bullish.
The RSI indicator is at 74.37 level which suggests that the stock is neither overbought nor oversold at this time.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for Applied Materials
Semiconductor Stocks Face Up To Chip Shortage As U.S. Government Plots Investments
Fri, 04 Jun 2021 16:06:42 +0000
A shortage of semiconductors that has hindered production of everything from cars and home appliances to consumer electronics could last well into next year.
The Best Mutual Funds Bet Billions On These 4 Sectors
Fri, 04 Jun 2021 12:05:39 +0000
Digging up $1.5 billion in investments, CAT stock leads the latest list of new buys by the best mutual funds, as top investors bet big on four sectors.
7 Technology Bigwigs to Buy Irrespective of Inflation
Fri, 04 Jun 2021 10:59:10 +0000
We have narrowed down our search to seven U.S. technology bigwigs with strong growth potential for 2021 and beyond. These are: AAPL, FB, GOOGL, NVDA, TXN, AMAT and INTU.
Surging Earnings Estimates Signal Upside for Applied Materials (AMAT) Stock
Thu, 03 Jun 2021 16:20:04 +0000
Applied Materials (AMAT) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
Dow Jones Reverses, Tech Stocks Fall As Apple, Tesla Sell Off; AMC Stock Crashes 43% On Stock Sale
Thu, 03 Jun 2021 16:03:19 +0000
The Dow Jones Industrial Average reversed higher Thursday, as Apple and Tesla stock slumped. AMC stock crashed 39% after the company filed a stock sale.
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