Advanced Micro Devices, Inc. (AMD) stock has risen 13.45% over the past week and gets a Bullish rating from InvestorsObserver Sentiment Indicator.
What is Stock Sentiment?
Sentiment uses short term technical analysis to gauge whether a stock is desired by investors. As a technical indicator, it focuses on recent trends as opposed to the long term health of the underlying company. Updates for the company such as a earnings release can move the stock away from current trends. 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 has gained 1.28% while the S&P 500 is lower by -0.64% as of 10:04 AM on Thursday, May 11. AMD has risen $1.24 from the previous closing price of $97.02 on volume of 9,562,066 shares. Over the past year the S&P 500 has risen 2.75% while AMD has risen 10.74%. AMD earned $0.24 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 406.87. To screen for more stocks like Advanced Micro Devices, Inc. click here.
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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