Advanced Micro Devices, Inc. (NASDAQ:AMD) recorded 23.62% uptrend from the beginning of this year till date. The 12-month potential price target for Advanced Micro Devices, Inc. is set at $24.17. This target means that the stock has an upside potential to increase by 5.92% from the current trading price. The stock of AMD went down by -$0.14 now trading at $22.82. Their shares witnessed a 152.43% increase from the 52-week low price of $9.04 they recorded on 2018-04-04. Even though it is still -49.61% behind the $34.14 high touched on 2018-09-13. The last few days have been rough for the stock, as its price has decreased by -2.1% during the week. It has also performed better over the past three months, as it added around 7.64% while it has so far climbed around 101.77% during the course of a year.
When giving their opinion, around 43.75% of Wall Street analysts, which represents 14 out of 32 rated the stock as a Buy. 15 brokerage firms of the remaining 46.88% rated the stock as a Hold with 3 analyst rating it as a sell. Overall, the number of aggregate AMD shares held by institutional investors represents 64% of total shares. 123 institutions entered new Advanced Micro Devices, Inc. (NASDAQ:AMD) positions, 337 added to their existing positions in these shares, 259 lowered their positions, and 76 exited their positions entirely.
Advanced Micro Devices, Inc. (AMD) trade volume has decreased by -34.21% as around 67,454,444 shares were sold when compared with its 50-day average volume of traded shares which is 102,525,211. At the moment, AMD is witnessing a uptrend, as it is trading 5.04% above its 20-day SMA, 11.81% above its 50-day SMA, and 13.82% above its 200-day SMA. The company runs an ROE of roughly 165.2%, with financial analysts predicting that their earnings per share growth will be around 35.42% per annum for the next five year. This will be compared to the 53.5% increase witnessed over the past five years.
The first technical resistance point for Advanced Micro Devices, Inc. (NASDAQ:AMD) will likely come at $23.34, marking a 2.23% premium to the current level. The second resistance point is at $23.85, about 4.32% premium to its current market price. On the other hand, inability to breach the immediate hurdles can drag it down to $22.23, the lower end of the range. AMD’s 14-day MACD is 0.34 and this positive figure indicates an upward trading trend. The company’s 14-day RSI (relative strength index) score is 56.03, which shows that its stock has been neutral. The 20-day historical volatility for the stock stands at 84.82 percent, which is low when compared to that of the 50-day’s 85.21 percent.
The shares of Intel Corporation (NASDAQ:INTC) has increased by 2.54%, and now trading at $50.01 on the Wall Street in the intra-day deal, with their shares traded now around 18,084,122. This is a decline of -10,854,038 shares over the average 28,938,160 shares that were traded daily over the last three months. The stock that is trading at $50.01 went higher by 18.06% from its 52-week low of $42.36 that it attained back on 2018-10-24. The stock recorded a 52-week high of $57.6 nearly 254 days ago on 2018-06-04.
INTC stock has performed well over the past 30 days, as it added 2.21% while its price climbed by 6.56% year-to-date (YTD). Looking at the last few days, it has been tough for the stock, as it tumbled 0% over the last week. The stock’s 12-month potential target price is now at $52.53. This means that the stock price might likely increase by 5.04% from its current trading price.16 out of 39 Wall Street analysts which represents 41.03% rated the stock as a buy while the remaining 38.46 rated it as a hold, with 20.51 of analysts rating it as a sell.
Intel Corporation (NASDAQ:INTC) has been utilizing an ROE that is roughly 29.4%, with stock analysts predicting that the company’s EPS for the next five years will go up by 7.85% per year, following the 18.5% raise that was witnessed during the past five years. The stock at the moment is on a uptrend, trading 3.29% above its 20-day SMA, 4.83% above its 50-day SMA, and 1.64% above its 200-day SMA. In percentage terms, the aggregate Intel Corporation shares held by institutional investors is 69.4%. 134 institutions jumped in to acquire Intel Corporation (INTC) fresh stake, 1016 added to their current holdings in these shares, 1111 lowered their positions, and 101 left no stake in the company.
The stock’s 9-day MACD is 0.11 and this positive figure indicates an upward trading trend. The company’s 9-day RSI score is 61.75, which shows that its stock has been neutral. The 20-day historical volatility for the shares stand at 36.4 percent, which is less when compared to that of the 50-day’s 38.76 percent. On the daily chart, we see that the stock could reach the first level of resistance at $50.34, sporting a 0.66% premium to the current level. The next resistance point is at $50.68, representing nearly 1.32% premium to the current market price of Intel Corporation (INTC). On the other hand, failure to breach the immediate hurdles can drag it down to $48.94, the lower end of the range.