Advanced Micro Devices, Inc. (NASDAQ:AMD) 14-day RSI (relative strength index) score is 49.78, which shows that its stock has been neutral. The 20-day historical volatility for the company shares stand at 85.09 percent, which is low when compared to that of the 50-day’s 90.7 percent. The first technical resistance point for the stock will likely come at $21.79, marking a 2.25% premium to the current level. The second resistance point is at $22.27, about 4.36% premium to its current market price. On the other hand, inability to breach the immediate hurdles can drag it down to $19.57, the lower end of the range. AMD’s 14-day MACD is 1.34 and this positive figure indicates an upward trading trend.
Advanced Micro Devices, Inc. (AMD) trade volume has decreased by -6.34% as around 103,000,000 shares were sold when compared with its 50-day average volume of traded shares which is 109,976,266. At the moment, AMD is witnessing a uptrend, as it is trading 3.2% above its 20-day SMA, -8.96% below its 50-day SMA, and 18.8% below its 200-day SMA. The company runs an ROE of roughly 43.4%, with financial analysts predicting that their earnings per share growth will be around 0.56% per annum for the next five year. This will be compared to the 8.1% increase witnessed over the past five years.
The last few days have been rough for Advanced Micro Devices, Inc. (NASDAQ:AMD), as its price has decreased by -0.19% during the week. It has also performed poorly over the past three months, as it lost around -23.49% while it has so far climbed around 114.93% during the course of a year. The price of the stock went up by $0.18 now trading at $21.3. Their shares witnessed a 135.62% increase from the 52-week low price of $9.04 they recorded on 2018-04-04. Even though it is still -60.28% behind the $34.14 high touched on 2018-09-13. The stock of AMD recorded 107.2% 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 13.47% from the current trading price.
When giving their opinion, around 38.71% of Wall Street analysts, which represents 12 out of 31 rated the stock as a Buy. 16 brokerage firms of the remaining 51.61% 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. 157 institutions entered new Advanced Micro Devices, Inc. (NASDAQ:AMD) positions, 366 added to their existing positions in these shares, 243 lowered their positions, and 63 exited their positions entirely.
The shares of Verizon Communications Inc. (NYSE:VZ) has decreased by -0.02%, and now trading at $58.08 on the Wall Street in the intra-day deal, with their shares traded now around 25,566,220. This is a rise of 7,175,411 shares over the average 18,390,809 shares that were traded daily over the last three months. The stock that is trading at $58.08 went higher by 26.04% from its 52-week low of $46.08 that it attained back on 2018-05-09. The stock recorded a 52-week high of $61.58 nearly 17 days ago on 2018-11-20.
VZ stock has performed well over the past 30 days, as it added 1.52% while its price climbed by 9.73% year-to-date (YTD). Looking at the last few days, it has been tough for the stock, as it tumbled -3.3% over the last week. The stock’s 12-month potential target price is now at $58.29. This means that the stock price might likely increase by 0.36% from its current trading price.12 out of 28 Wall Street analysts which represents 42.86% rated the stock as a buy while the remaining 57.14 rated it as a hold, with 0 of analysts rating it as a sell.
Verizon Communications Inc. (NYSE:VZ) has been utilizing an ROE that is roughly 64.4%, with stock analysts predicting that the company’s EPS for the next five years will go up by 5.9% per year, following the 60.5% raise that was witnessed during the past five years. The stock at the moment is on a downtrend, trading -1.64% below its 20-day SMA, 2.54% above its 50-day SMA, and 12.23% above its 200-day SMA. In percentage terms, the aggregate Verizon Communications Inc. shares held by institutional investors is 67.4%. 120 institutions jumped in to acquire Verizon Communications Inc. (VZ) fresh stake, 1117 added to their current holdings in these shares, 910 lowered their positions, and 63 left no stake in the company.
The stock’s 9-day MACD is -1.07 and this negative figure indicates a downward trading trend. The company’s 9-day RSI score is 43.13, which shows that its stock has been neutral. The 20-day historical volatility for the shares stand at 24.26 percent, which is more when compared to that of the 50-day’s 21.09 percent. On the daily chart, we see that the stock could reach the first level of resistance at $58.76, sporting a 1.16% premium to the current level. The next resistance point is at $59.44, representing nearly 2.29% premium to the current market price of Verizon Communications Inc. (VZ). On the other hand, failure to breach the immediate hurdles can drag it down to $56.48, the lower end of the range.